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Parliamentary Finance: The price of oil in the budget is not subject to change .. The decline is offset by loans
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The parliamentary Finance Committee confirmed that it is impossible to manipulate the estimated prices of the oil barrel in the budget of 2019, indicating: "Any drop in prices will be avoided through loans granted to Iraq."
Committee member Haneen al-Qaddu said in a press statement: "The budget put the speculative prices of oil by $ 56, which is a good price is not deductible as rumored."
"The Iraqi economy is very affected by international oil prices, but it is able to compensate any shortage through tax funds and others," he said.
"The government can withdraw its loans to the World Bank and the IMF if there is a need to invest them in new projects," he said.
The parliamentary Finance Committee confirmed that it is impossible to manipulate the estimated prices of the oil barrel in the budget of 2019, indicating: "Any drop in prices will be avoided through loans granted to Iraq."
Committee member Haneen al-Qaddu said in a press statement: "The budget put the speculative prices of oil by $ 56, which is a good price is not deductible as rumored."
"The Iraqi economy is very affected by international oil prices, but it is able to compensate any shortage through tax funds and others," he said.
"The government can withdraw its loans to the World Bank and the IMF if there is a need to invest them in new projects," he said.
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