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Deputy stresses: high oil prices must be used in the budget properly
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The deputy of the Al-Fateh Alliance, Mithaq Al-Hamdi, stressed the need to invest the high global oil prices in the budget by changing the price set in it to the price at which Iraq is sold, pointing out that many projects have stopped approving the budget in order to continue its work .
Al-Hamdi said that "oil prices rose by a large margin from the price specified in the budget, which returned to the government with large sums, which had to reduce the dollar exchange rate ."
She added that "most of the ministries are waiting to vote on the budget, in addition to the presence of many projects stalled on this matter," noting that "passing the budget will open the door to the continuation of the wheel of work on projects and move the ministries towards completing their stalled line ."
And she indicated that "the exchange rate must be close to the real price at which oil is sold, especially since the budget depends on oil, a main source of funding for it."
[You must be registered and logged in to see this link.]
The deputy of the Al-Fateh Alliance, Mithaq Al-Hamdi, stressed the need to invest the high global oil prices in the budget by changing the price set in it to the price at which Iraq is sold, pointing out that many projects have stopped approving the budget in order to continue its work .
Al-Hamdi said that "oil prices rose by a large margin from the price specified in the budget, which returned to the government with large sums, which had to reduce the dollar exchange rate ."
She added that "most of the ministries are waiting to vote on the budget, in addition to the presence of many projects stalled on this matter," noting that "passing the budget will open the door to the continuation of the wheel of work on projects and move the ministries towards completing their stalled line ."
And she indicated that "the exchange rate must be close to the real price at which oil is sold, especially since the budget depends on oil, a main source of funding for it."
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