KRG approves a bill to attract funds through borrowing

to attract funds for the benefit and on behalf of the region through borrowing or guarantee the debt or any similar operations if approved by Kurdistan Parliament.

  A statement of KRG stated for “Shafaq News", that | the official spokesman of KRG , Safeen Dazai confirmed that the Council of Ministers of KRG approved at its usual meeting yesterday on a bill to attract funds through borrowing.”

The statement added that if this law was approved by Kurdistan Parliament, it will empower KRG to attract funds for the benefit and on behalf of Kurdistan Region through borrowing or guarantee the debt or any similar operations.

The statement added that the bill aims to strengthen the financial position of Kurdistan Region to make the maximum benefit of the people of Kurdistan.