Parliamentary Finance: The collapse of oil prices will not last long and we will reconsider the 2021 budget
14:02 - 11/03/2020
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The information / Baghdad ..
Member of Parliamentary Finance Committee Ahmad Hama assured, Wednesday, that oil prices will rise in the coming days after some oil exporting countries retreat from individual decisions, indicating that the committee will review the draft budget law 2021.
Hama said in a statement to "Information", that "the collapse of world oil prices will not last long because countries retreat from individual decisions regarding the sale of oil, as well as the decline of the Corona virus, especially in China."
He added that " [You must be registered and logged in to see this link.]
sells about one million barrels per day of oil to China, and those imports were affected by the outbreak of the Corona epidemic in China."
He noted that " the budget of 2020 ended and will be reconsidered by law in 2021 and put some improvements on the economy in the event of a government new , " noting that " the Committee met not prejudice at all salaries or staff allowances , whatever the loss of [You must be registered and logged in to see this link.]
due to the decline in world oil prices." Finished / 25 d