Home
Adviser to the Prime Minister determines the optimal price for oil in the budget
- Time: 09/27/2021 18:34:23
- Reading: 2,691 times
[You must be registered and logged in to see this image.]
{Economic: Al Furat News} The economic advisor to the Prime Minister, Mazhar Muhammad Salih, set, on Monday, the optimal price for oil in the federal budget.
The useful summary.. In important news, you can find it in the Euphrates News channel on the telegram.. [You must be registered and logged in to see this link.]
Saleh said {to Euphrates News} that "if the general budget depends on oil only and without a financial deficit, the price of a barrel is not less than 75 dollars and exports are not less than 3 and a half million barrels with an annual average, this price will be optimal in the budget."
He added, "Non-oil revenues, despite their smallness, do not reach their estimated earnings, so Iraq can benefit from the increase in oil prices in this case in the budget."
The financial advisor to the Prime Minister, Mustafa Al-Kazemi, had revealed the completion of the draft federal budget bill for 2022.
Saleh said in a press statement, "The financial authority represented by the Federal Ministry of Finance is close to completing the preparation of the draft federal budget bill for 2022, and that the Strategic Budget Committee, through its meetings held in more than 24 meetings throughout the year, has concluded that the ceiling Expenditure in the 2022 budget will not exceed the spending ceiling in the 2021 budget, and if there is an increase, it is likely to be 10%
.The only thing new in the 2022 budget is that the price of a barrel of oil will be around $50 per barrel, as announced by the Minister of Finance, There are non-oil revenues that are supposed to increase, and therefore the assumed deficit that was proven in the 2021 budget is around 29 trillion dinars, and it is expected that it will decrease to 18-20 trillion dinars, which will lead to a decrease in the deficit and an increase in revenues.
From: Raghad Daham / Tah: Wafaa Al-Fatlawy
[You must be registered and logged in to see this link.]
{Economic: Al Furat News} The economic advisor to the Prime Minister, Mazhar Muhammad Salih, set, on Monday, the optimal price for oil in the federal budget.
The useful summary.. In important news, you can find it in the Euphrates News channel on the telegram.. [You must be registered and logged in to see this link.]
Saleh said {to Euphrates News} that "if the general budget depends on oil only and without a financial deficit, the price of a barrel is not less than 75 dollars and exports are not less than 3 and a half million barrels with an annual average, this price will be optimal in the budget."
He added, "Non-oil revenues, despite their smallness, do not reach their estimated earnings, so Iraq can benefit from the increase in oil prices in this case in the budget."
The financial advisor to the Prime Minister, Mustafa Al-Kazemi, had revealed the completion of the draft federal budget bill for 2022.
Saleh said in a press statement, "The financial authority represented by the Federal Ministry of Finance is close to completing the preparation of the draft federal budget bill for 2022, and that the Strategic Budget Committee, through its meetings held in more than 24 meetings throughout the year, has concluded that the ceiling Expenditure in the 2022 budget will not exceed the spending ceiling in the 2021 budget, and if there is an increase, it is likely to be 10%
.The only thing new in the 2022 budget is that the price of a barrel of oil will be around $50 per barrel, as announced by the Minister of Finance, There are non-oil revenues that are supposed to increase, and therefore the assumed deficit that was proven in the 2021 budget is around 29 trillion dinars, and it is expected that it will decrease to 18-20 trillion dinars, which will lead to a decrease in the deficit and an increase in revenues.
From: Raghad Daham / Tah: Wafaa Al-Fatlawy
[You must be registered and logged in to see this link.]
» Parliament intends to submit the Ministry of Education law for the second reading
» Prime Minister: Food prices were not affected by dollar prices
» Parliamentary Planning holds the regional government responsible for the crisis in the salaries of i
» Al-Aqili: Barzani did not get the green light to bring his forces into Kirkuk
» An economic expert confirms the possibility of increasing oil exports through southern ports
» Political assurances that the government will continue its reforms in executive positions despite th
» Politician: The movement to bring down Al-Halbousi will take place after the local elections
» A Jordanian representative told Al-Maalouma: Economic cooperation with Iraq has been translated into
» Parliamentary anticipation of the arrival of the final report to evaluate the ministers
» Finance Committee: All allocations for examiners in the Ministry of Defense are secured in the budge
» The end of the era of the Tigris and Euphrates: the first agricultural plan with groundwater in Iraq
» Labor is preparing an electronic system to accommodate the increasing number of employees
» Agriculture unveils a project to address high meat prices worth 5 billion dinars
» The central bank sells more than $194 million in the currency window
» Kurdistan provides loans of up to 150 million dinars to companies and businessmen who want to expand
» The Sudanese advisor reveals control over the theft of the century and its criminal implications
» The head of the Integrity Commission signs a cooperation agreement with the Egyptian Administrative
» Al-Araji assures the United Nations that Iraq is continuing to combat terrorism and dry up its sourc
» The Speaker of the Kuwaiti National Assembly comments on the Federal Court's decision regarding Khor
» The state of law denies the intention to amend some paragraphs of the budget
» Parliament is preparing to interrogate the governor of Salah al-Din because of his corruption
» Al-Sudani talks about electronic payment and the unified treasure account
» Al-Sudani chairs a meeting to follow up on the implementation of the unified treasury account
» https://alsabaah.iq/84632-.html
» A delegation from the regional finance department in Baghdad
» The general amnesty law faces political obstacles
» The capital lost its greenness and turned into a “building box.”
» Obliging companies implementing projects to remove bottlenecks to continue their work
» The World Bank supports the water file with $3 million
» An upcoming role
» Northern Oil overcomes Türkiye's procrastination and exports Qayyarah crude via the south
» Partnership with the private sector
» Experts: Iraq faces an opportunity to diversify oil export trends
» A Jordanian official reveals the reasons for the delay in starting the electrical connection with Ir
» Al-Barti on the judiciary’s decision to dissolve Kurdistan’s provincial councils: We cannot say anyt
» Barzani: There are those who want to hold the region accountable for demanding its rights, and “loya
» Al-Sudani supervises the second simulation of the upcoming provincial council elections
» Kurdistan.. The Ministry of Finance begins disbursing employees’ salaries for the month of July
» Cabinet Secretariat: More than 800,000 applications were submitted on the army volunteer platform
» Iran announces the volume of its trade exchange with Kurdistan and invites the region’s companies to
» Masrour Barzani...a government of words and deeds
» Baghdad and Washington are negotiating about linking the Iraqi market and currency to the dollar
» Iraq has huge cash reserves from oil revenues exceeding 113 billion dollars, at a time when it suffe
» The salary crisis raises rates of domestic violence in Kurdistan by 13 percent
» New projects between Iraq, Egypt and Jordan, including electrical interconnection
» Iran responds to the UAE and Kuwait regarding the disputed islands
» Dollar exchange rates during Monday's transactions in Iraqi markets
» Regarding Khor Abdullah...the Kuwaiti National Assembly determines its position on the Iraqi court’s
» 9/23/23 Militia Man & Crew IRAQ - NATURAL PLACE IN INTERNATIONAL COMMUNITY
» Will foreign investment restore reconstruction in Iraq and reflect on economic development?
» The International Monetary Fund urges African countries to use cryptocurrencies
» The date for completion of the preliminary designs of the second section of the Development Road Pro
» Guidance (correspondent banking, sanctions)
» The President of the Republic announces the completion of the preparation of draft 3 draft laws. Get
» The Federal Court rules to end the work of Kurdistan’s provincial councils
» Al-Sudani to the delegation of Arab lawyers: The government interacts with unions and professional f
» The President of the Republic: Completing the preparation of draft laws for the Supreme Water Counci
» Al-Sudani: Trade unions and professional federations support state institutions and are keen to inte
» The dollar declines against the Iraqi dinar in Baghdad markets
» The Minister of Labor and the Iranian Ambassador discuss preparing a memorandum of understanding for
» Experts: The lack of dams to contain the amounts of rain will lead to it being wasted again
» Economic: $70 million is smuggled daily through the northern ports towards Türkiye
» Badr Parliament mortgages the transformation of Tal Afar into a governorate in exchange for a vote o
» Rights: Kuwait's attempt to blockade Iraq at sea will lead to "battles"
» Al-Maliki: The Central Bank administration failed to contain the dollar crisis
» Iraq recorded a slight increase in the inflation rate during the month of August
» Al-Sudani: The political and constitutional system in Iraq granted the judiciary its complete indepe
» Al-Moussawi: Al-Sudani’s visit to New York opened the door to foreign investment in Iraq
» Economic calls to follow new measures to restore the dollar exchange rate
» The hammer of justice tears up the Khor Abdullah agreement amid calls to return Iraq's maritime lung
» Deputy: The Sudanese government succeeded in reviving half of the stalled projects within 5 months
» By up to 100%...a significant increase in the Central Bank’s external transfers of dollars
» Issuing “treasury bonds” in dollars to finance development
» Iran and Iraq are discussing the implementation of agreements signed in the field of communications
» More than 22 Jordanian companies participate in the Baghdad International Fair
» Cryptocurrency Industry Basics: What is Halving? How does this affect cryptocurrency prices?
» The foreign ministers of Iraq, Jordan and Egypt discuss enhancing tripartite cooperation and common
» News website: The continued closure of the oil export pipeline is harming the economy of the Kurdist
» Observatory: The Central Bank of Iraq undermined the project to use solar panels in homes
» The sewing company decides to distribute cash dividends of 49%
» A decline in Iraq's oil exports to America over the past week
» The central bank sells more than $194 million in currency auction
» Minister of Health: Lagging hospital projects are witnessing an increase in the pace of work and com
» Adviser to the Prime Minister: He directed to refer tourist facilities for investment
» Parliamentary Finance reveals 3 reasons behind the dollar not falling
» The Russian Foreign Minister confirms that his country's companies will remain in Iraq
» Central admission occupies parliament and calls for new controls in education
» Iran praises the Iraqi government's efforts to control the borders
» Introduction to Iraq
» The stagnation of the real estate market in Erbil
» Issuing {treasury bonds} in dollars to finance the {development road}
» The Iraqi Central Bank deposited 250 billion dinars in the region’s bank account
» The Kurdistan Region: Crises afflicting the Kurdish citizen at the expense of the well-being of the
» Al-Rafidain denies stopping granting dollars to travelers in its branches
» Does America have a role in efforts to resume Iraqi oil exports through Türkiye?
» Baghdad deposits 250 billion dinars in the account of the Ministry of Finance of the Kurdistan Regio
» The Khor Abdullah crisis...the repercussions of the Gulf position and Kuwait’s efforts to internatio
» The head of the Kurdistan Regional Government’s representative office in Baghdad receives Ghulam Muh