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Parliamentary Finance: Reducing the 2020 Budget to Drop Oil Prices
- Time: 03/29/2020 14:31:03
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{Baghdad: Al Furat News} Deputy Chairman of the Parliamentary Finance Committee, Muthanna al-Samarrai, emphasized that the decline in oil prices and the economic repercussions of the spread of the Corona epidemic negatively and significantly affected the Iraqi economy, which is already suffering from the problem of not having multiple sources of income and its dependence on exporting oil as the only solution to finance its financial budgets ".
Al-Samarrai said in a press statement that "facing the expected economic crisis requires the efforts of all political blocs that have to leave their differences aside and work with the team spirit to save the country, and the next government must be resolute in solving the problem of financial and administrative corruption in the joints of the state."
Samarrai said that " the financial budget will be reduced according to the lower oil prices, but there is no problem with regard to the distribution of staff salaries for nine months to come at least" .anthy
Ammar al - Masoudi
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{Baghdad: Al Furat News} Deputy Chairman of the Parliamentary Finance Committee, Muthanna al-Samarrai, emphasized that the decline in oil prices and the economic repercussions of the spread of the Corona epidemic negatively and significantly affected the Iraqi economy, which is already suffering from the problem of not having multiple sources of income and its dependence on exporting oil as the only solution to finance its financial budgets ".
Al-Samarrai said in a press statement that "facing the expected economic crisis requires the efforts of all political blocs that have to leave their differences aside and work with the team spirit to save the country, and the next government must be resolute in solving the problem of financial and administrative corruption in the joints of the state."
Samarrai said that " the financial budget will be reduced according to the lower oil prices, but there is no problem with regard to the distribution of staff salaries for nine months to come at least" .anthy
Ammar al - Masoudi
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