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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Parliament put forward three options to end the threat of falling oil prices

    Rocky
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    • Post n°1

    Parliament put forward three options to end the threat of falling oil prices Empty Parliament put forward three options to end the threat of falling oil prices

    Post by Rocky Thu 16 Mar 2023, 5:19 am

    [size=52]Parliament put forward three options to end the threat of falling oil prices[/size]
    • Today 12:30

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     Information/Baghdad..
     MP Salem Al-Anbuge confirmed, on Thursday, that the drop in oil prices in the past 72 hours is worrisome.
    Al-Anbuge said in an interview with Al-Maalouma, “The 2023 budget has not yet reached the House of Representatives, but according to the approved numbers, it includes a large financial deficit, with the selling price of a barrel of oil set at $70.”
    He added, “The sudden drop in oil prices in the past 72 hours is worrisome and calls for a careful reading of the need to reconsider determining the price of a barrel of oil, while seeking to reduce the deficit as much as possible in a way.” that does not burden the Iraqi budget."
    He pointed out that "Iraq is at an important juncture in changing its strategy of relying directly on oil as a major source of revenue, despite the presence of other non-oil sources that can contribute by not a small percentage of pumping money into the state." treasury.”
    And the global oil sales markets witnessed a decline in the past 72 hours, amid concern that the decline will continue further in the coming weeks.
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