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[size=52]Al-Saadi: Oil revenues will not cover the size of the budget, especially the investment[/size]
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Information / Baghdad..
The specialist in economic affairs, Muhammad Attia Al-Saadi, explained that the oil revenues will not be sufficient to cover the budget expenditures, especially the investment ones, as the government ventured with these sums.
Al-Saadi told Al-Maalouma, "The size of the investment budget prepared by the government in the general budget represents an adventure that may make investment projects ink on paper in the event of a drop in oil prices."
He added, "The operational budget carries with it large and explosive numbers of employee salary allocations," noting that "all oil revenues and other revenues do not cover the size of that operational budget."
Al-Saadi warned of the consequences of low oil prices and its impact on the government program in completing projects and addressing poverty. It happens in all countries of the world End 25 n
[You must be registered and logged in to see this link.]
The specialist in economic affairs, Muhammad Attia Al-Saadi, explained that the oil revenues will not be sufficient to cover the budget expenditures, especially the investment ones, as the government ventured with these sums.
Al-Saadi told Al-Maalouma, "The size of the investment budget prepared by the government in the general budget represents an adventure that may make investment projects ink on paper in the event of a drop in oil prices."
He added, "The operational budget carries with it large and explosive numbers of employee salary allocations," noting that "all oil revenues and other revenues do not cover the size of that operational budget."
Al-Saadi warned of the consequences of low oil prices and its impact on the government program in completing projects and addressing poverty. It happens in all countries of the world End 25 n
[You must be registered and logged in to see this link.]
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