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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Abadi reveals the allocation of 20% of the oil profits of the producing provinces

    Rocky
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    Abadi reveals the allocation of 20% of the oil profits of the producing provinces Empty Abadi reveals the allocation of 20% of the oil profits of the producing provinces

    Post by Rocky Mon 09 Apr 2018, 2:27 am


    Abadi reveals the allocation of 20% of the oil profits of the producing provinces

    10:01 - 09/04/2018
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    Information / Baghdad ..
    A member of the Committee on oil and energy parliamentary, MP Zaher Abadi, on Monday, the allocation of 20% of the profits of oil and surplus on the budget for the oil-producing provinces, stressing that the amounts will be used in service projects, health and grades and the installation of contracts.
    "The budget was based on the price of a barrel of oil, $ 46, while the price of a barrel today amounted to more than $ 65 with the end of the first quarter of the year," Abbadi said in a statement. , Where offset the deficit through oil revenues above the amount planned for the budget, that is the amount of a barrel in the budget $ 46 and more than that amount is considered profit and is used to fill the budget deficit.
    He explained that "the strategic projects can not be implemented according to the current rise in oil prices based on profits, because prices may fall to less than $ 46 per barrel," stressing that "the central government will use the increase obtained from oil revenues after a year, The budget according to the distribution of amounts and oil profits surplus budget to the oil-producing provinces. "
    Abadi pointed out that "the provinces have developed service projects and healthy strategic and may develop degrees of employment and are being installed for contracts in accordance with the amounts obtained from high oil prices." Ending / 25 n

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