MP accuses Iraqi Government of deliberately creating financial deficit

Baghdad (IraqiNews.com) MP Abdul Hussein Resan al-Husseini, member of the Parliamentary Economy & Investment Committee accused the Iraqi Government of deliberately increasing the financial deficit in order to hinder utilizing the complementary budget.

Husseini said “The government stipulated addressing the deficit by the oil prices which we consider as a planned deficit,” indicating that “There is significant difference between the planned and the actual spending through the retreat of the expenditure rate from the investment budget while the complementary budget is fully wasted.”