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Expert: surplus budget of 2019 will solve the housing and electricity crisis for 40 years
19:00 - 09/10/2018
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expected financial expert David Abdul Zayer, on Tuesday, to hire a surplus budget in 2019 in thesectors of electricity and housing, stressing that the optimal investment of surplus funds will solve thecrisis coming for 40 years.
"If the federal budget for 2019 is approved at the limit of $ 60 to $ 55, there will be a large surplus after the price of oil rises to $ 85 per barrel," Abdul Zayer said in a statement to Al-Maaloumah. "This excess money will solve the electricity and housing crisis For 40 years in the case of hiring them properly, as well as go part of those funds to meet the debts incurred by the country.
He added that "the surplus will go towards investment budgets and the bulk will go to the operational part," noting that "this money can be invested in the construction of housing units and power plants, as well as create great jobs for graduates through the establishment of projects."
On Tuesday, oil prices rose 26 cents to $ 84.17 a barrel by 0244 GMT
expected financial expert David Abdul Zayer, on Tuesday, to hire a surplus budget in 2019 in thesectors of electricity and housing, stressing that the optimal investment of surplus funds will solve thecrisis coming for 40 years.
"If the federal budget for 2019 is approved at the limit of $ 60 to $ 55, there will be a large surplus after the price of oil rises to $ 85 per barrel," Abdul Zayer said in a statement to Al-Maaloumah. "This excess money will solve the electricity and housing crisis For 40 years in the case of hiring them properly, as well as go part of those funds to meet the debts incurred by the country.
He added that "the surplus will go towards investment budgets and the bulk will go to the operational part," noting that "this money can be invested in the construction of housing units and power plants, as well as create great jobs for graduates through the establishment of projects."
On Tuesday, oil prices rose 26 cents to $ 84.17 a barrel by 0244 GMT
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