Anger: next year's budget has given high priority to the energy sector

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Praised the President of the advisers in the Prime Minister Thamer Ghadban size of financial allocations in the budget next year, saying they were given high priority to the energy sector, both its oil and electricity, while the UN Committee on the economy and investment parliamentary support for the calculation of the final value of the budget according to the price my guess for a barrel of oil of $ 90 .

The Ministry of Finance, sent a draft budget law next year, 2014, to the General Secretariat of the Council of Ministers, totaling 174.6 trillion Iraqi dinars, equivalent to 150.1 billion dollars.



Said Anger, that the budget of 2014 investment has given high priority to the development of the energy sector from the rest of the sectors, indicating The interest in this sector includes naughty «oil and electrical». said Anger, determination of Iraq to proceed with the development of oil fields, and other facilities, and increase the country's ability to export according to plan for this purpose, adding the government continues to support efforts that will develop the electricity sector, particularly through the construction of new plants contracted, as well as develop the transport sector and distribution of electrical energy, which requires the construction of substations for the delivery of electric power to cover the needs of citizens ».



The draft new budget, the allocation of 64 trillion dinars, the equivalent of $ 60 billion for investment projects, of the net budget allocations, in order to implement as much as possible of strategic projects, especially energy projects.



Moreover, the Committee on the economy and investment parliamentary support for the calculation of the Ministry of Finance pricier Tkhmonaa reached 90 dollars per barrel of oil per calculate the final value of the budget, stressing that Iraq has not been adopted Price embarrassment or danger, but adopted data and global indicators for oil prices.



Said committee member Abdul-Abbas Xiaa that Iraq is in appreciation for the expenditure in the budget next year, was less conservative than the rest of the neighboring countries, citing that «those countries have export large as Iraq needs to larger amounts because of the capacity of operating expenses and investment », pointing out that« the country has abundant financial ranging from 10 to 15 dollars on the price issue in the budget 2014, and this, according to Xiaa would maintain the balance of the financial budget of the country ».


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