Economist: Parliament will put an alternative budget to avoid fiscal deficit
19:29 - 12/01/2019
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stressed the economic expert on behalf of Antoine, Saturday, that the House of Representatives will work to develop an alternative budget to avoid the fiscal deficit in the absence of a rise in global oil prices during the next phase, between it will be developed an alternative budget situation of not the House 's ability to re - drafting of the budget Current.
Antoine said in a statement to the Agency / Information /, "The House of Representatives will put a new budget at the price of selling oil barrels up to $ 49 dollars to avoid the fiscal deficit in the absence of rising global oil prices," pointing out that "the current budget included the price of selling barrels of oil up to $ 56 and Prices are changing because there is optimism about the rise in world oil prices about $ 70. "
He added that "the parliament will resort to the alternative budget in the absence of high oil prices because it is unable to reformulate the current budget for a long time," noting that "oil prices are heavily affected by political factors, as well as Washington manipulation of oil prices according to their interests."
Antoine explained that "the decline in oil prices at the moment is not an interest for Washington and will be raised in the coming days," stressing that "the rise in oil prices will contribute to reduce the fiscal deficit in the federal budget for 2019."
The parliamentary Finance Committee has announced, on Saturday, the budget deficit reached 27 trillion dinars after fixing the price of oil at $ 56 per barrel. End 25 T