Favorable trend Press: proposed to adopt the price of $ 55 per barrel of oil by the budget of 2019

[size=19][rtl]Baghdad[/rtl]

[rtl]Saleh said in a statement that "there has been a preliminary and basic discussion of the budget for next year prepared almost semi-final," noting that "there was a broad discussion within the corridors of the Council of Ministers and the ministers have taken their observations regarding the financial budget," likely meeting Soon within the Council of Ministers to complete and maturity of the budget and objectives to be submitted to the House of Representatives in its fourth session. "[/rtl]

[rtl]Saleh pointed out that "according to constitutional times, after the date (October 10 - 2018) should send the financial budget for the year 2019 to the House of Representatives to determine the reading and then ratify it."[/rtl]

[rtl]The financial adviser pointed out that "most of the financial revenues of the budget comes from sales of crude oil by 90%," noting that "the preliminary indicators of the budget under Chapter VI of the Financial Management and Public Debt No. 95 of 2004 must be figures for oil prices in the budget more wisely" .[/rtl]

[rtl]He added that "the proposed figure for the price of selling one barrel of oil within the next budget is from 55 to 60 dollars and an export to Iraq about 4 million barrels per day."[/rtl]

[rtl]Undersecretary of the Ministry of Finance Maher Hammad Johan announced at the end of last month that the draft general budget for the year 2019 focused on providing job opportunities and developing services to citizens.[/rtl]

[rtl]"The draft budget for 2019 will be different from its predecessors, focusing on the file of services for all provinces according to the necessary allocations, and to provide employment opportunities widely."[/rtl]

[rtl]He added that "the volume of spending in this budget is greater than revenues, has reached the budget to the latest version, which will be reviewed by the financial Thursday for the last time to be distributed after the draft to the presidencies, and related bodies such as oil ministries and education, the World Bank and others.[/rtl]

[rtl]As the Undersecretary of the Minister of Finance, "The harnessing of legal texts facilitates the application of paragraphs on private sector projects, as it will accelerate the progress in Iraq, especially as most countries expressed their desire to enter the Iraqi market and the establishment of projects and investment in exchange for facilitating its work," adding that the stability of the security situation will help Much success in implementing budget paragraphs.[/rtl]

[rtl]Edit .. علي كريم اذهيب[/rtl]