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Economic parliamentary: Oil Rises achieved revenues of covering the budget deficit
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July 9 .2017 - 14:08 | Number of Views: 1167
Sommer News: Baghdad .. Parliamentary Economic Commission promised, on Sunday, a slight rise in oil prices that has achieved revenues of covering the budget deficit, indicating that this increase can not be adopted such as the growth in the economy.
The committee member Najiba Najib said in a press statement that "oil prices volatility is stable during the recent period, but made some slight increase."
Najib said that "this increase achieved revenues of the budget, it is possible to fill part of the budget deficit," noting that it "can not be considered as the growth in the economy because of the oscillation is unstable."
It is noteworthy that the decline in oil prices made the Iraqi state announces year austerity in the country, which was reflected on the shoulders of citizens who have imposed taxes on them in the field service sectors and fees in all sectors and even healthy ones, especially employees and retirees who have reduced their salaries.
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1
July 9 .2017 - 14:08 | Number of Views: 1167
Sommer News: Baghdad .. Parliamentary Economic Commission promised, on Sunday, a slight rise in oil prices that has achieved revenues of covering the budget deficit, indicating that this increase can not be adopted such as the growth in the economy.
The committee member Najiba Najib said in a press statement that "oil prices volatility is stable during the recent period, but made some slight increase."
Najib said that "this increase achieved revenues of the budget, it is possible to fill part of the budget deficit," noting that it "can not be considered as the growth in the economy because of the oscillation is unstable."
It is noteworthy that the decline in oil prices made the Iraqi state announces year austerity in the country, which was reflected on the shoulders of citizens who have imposed taxes on them in the field service sectors and fees in all sectors and even healthy ones, especially employees and retirees who have reduced their salaries.
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