Disclosure of a government trend to adopt a budget with two oil prices
09:48 - 09/04/2020
[You must be registered and logged in to see this link.]
Advisor to the Prime Minister Abdel-Hussein Al-Hanin revealed, on Thursday, a government move to make the budget at two oil prices to meet the drop in oil prices.
Al-Hanin said in a statement reported by the official newspaper, Al-Sabah, and seen by him / the information: “The government will deal seriously with the decline in oil prices and there is a trend to make the budget at two prices for oil, the first is fixed and may not exceed 30 dollars per barrel, and in this part of the budget will be Meet the essential requirements that are indispensable. ”
He added: "As for the moving price, each amount of a barrel will be more than 30 dollars in any period of the fiscal year in which it will deal relatively with other requirements depending on the change in oil prices."
Al-Hanin pointed out that "this method depends on programs and projects and represents an advanced case to prevent waste and a large part of corruption." Ended / 25