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An economist explains ways to cover the budget deficit and rules out its occurrence in 2020
10:00 - 20/12/2019
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Economist Qusai Safwan explained, on Friday, the methods that are used to cover the budget deficit in the event of its occurrence, excluding the occurrence of a deficit in the budget of 2020.
Safwan said in a statement to / Information /, that “one of the items of the 2019 budget It may be repeated in the budget for the next year, as it stipulates that the financial deficit is covered by selling state property in the event of a drop in oil prices. Payroll, food and social security insurance.
He added that "the year 2020 is hopeful that no financial deficit will occur in it, given that the budget to be approved was not submitted to this day and therefore we will enter the new year with an operational budget only."
He explained that "the price of a barrel of oil, and if it is set at 42 dollars, it is possible to cover the operational budget and more than this amount, it will cover the investment budget." 25 n ended
Economist Qusai Safwan explained, on Friday, the methods that are used to cover the budget deficit in the event of its occurrence, excluding the occurrence of a deficit in the budget of 2020.
Safwan said in a statement to / Information /, that “one of the items of the 2019 budget It may be repeated in the budget for the next year, as it stipulates that the financial deficit is covered by selling state property in the event of a drop in oil prices. Payroll, food and social security insurance.
He added that "the year 2020 is hopeful that no financial deficit will occur in it, given that the budget to be approved was not submitted to this day and therefore we will enter the new year with an operational budget only."
He explained that "the price of a barrel of oil, and if it is set at 42 dollars, it is possible to cover the operational budget and more than this amount, it will cover the investment budget." 25 n ended
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