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[size=30]Parliamentary Economy: The 2018 budget will depend on 89% of oil imports[/size]
23/09/2017 10:27 | Number of readings:
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[rtl]Trend Press / Baghdad[/rtl]
[rtl]The parliamentary economic committee confirmed that the proportion of dependence on oil exports in the budget of 2018 will be 89%, after raising the ceiling of the investment budget and diversify sources of funding.[/rtl]
[rtl]"The budget of 2018, which is being prepared by the Ministry of Finance depends heavily on oil exports similar to previous years, but a lower rate," said a member of the committee Najeeb Najib in a statement obtained by "Trend Press" on a copy.[/rtl]
[rtl]She added that "reliance on oil exports in the budget of 2018 up to 89% and the other on taxes, duties, customs and other resources," noting that "a characteristic of the budget of 2018 reduced many unnecessary expenses."[/rtl]
[rtl]Najib expected "to approve the budget of 2018 before the end of this year or early next year."[/rtl]
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