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Jamal Cougar: Oil price differences will strengthen the bank reserves
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[rtl]Baghdad / NINA / - Member of Parliamentary Finance Committee Jamal Cougar stressed the importance of taking advantage of oil price differences to improve the financial and economic reality in the country.
He told the National Iraqi News Agency ( NINA ) that: This year's budget was built on the price of 45 dollars, and now the price of a barrel of oil is close to 70 dollars, and this difference in prices is important in upgrading the country's situation.
Cougar added that: the differences in oil prices will enhance the bank's foreign currency reserves, in addition to greatly reducing the budget deficit.
And the price of Basra oil recorded a noticeable increase in the recent period, exceeding $ 70 per barrel. / End 3[/rtl]
He told the National Iraqi News Agency ( NINA ) that: This year's budget was built on the price of 45 dollars, and now the price of a barrel of oil is close to 70 dollars, and this difference in prices is important in upgrading the country's situation.
Cougar added that: the differences in oil prices will enhance the bank's foreign currency reserves, in addition to greatly reducing the budget deficit.
And the price of Basra oil recorded a noticeable increase in the recent period, exceeding $ 70 per barrel. / End 3[/rtl]
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