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Parliamentary Finance: 12 trillion and 500 billion dinars deficit by the budget of 2018
18:08 - 04/03/2018
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18:08 - 04/03/2018
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Information / Special ...
The parliamentary finance committee announced on Sunday the existence of more than 12 trillion and 500 billion deficit in the budget of 2018 approved by the parliament yesterday, indicating a plan to fill the deficit of funds raised and high oil and loans.
"The budget deficit of 2018, voted by the House of Representatives yesterday amounted to 12 trillion and 500 billion dinars and a plan to bridge the deficit," member of the Committee Hossam al-Aqabi said.
He added that "the first step to fill the deficit of funds retained by the Ministry of Finance and surplus of high oil prices," noting that "the budget has approved the sale price of $ 46 a barrel and is currently sold $ 60."
"In the case of insufficient oil and revolving funds are recourse to domestic loans and then the latest external solutions to fill any budget deficit."
The House of Representatives voted, on Saturday, on the budget of 2018 amid the province of the Kurds and their threats to withdraw from the political process
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