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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Parliamentary Finance: The decline in oil violated the government's budget expectations, and project

    Rocky
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    • Post n°1

    Parliamentary Finance: The decline in oil violated the government's budget expectations, and project Empty Parliamentary Finance: The decline in oil violated the government's budget expectations, and project

    Post by Rocky Sat 06 May 2023, 4:57 am

    Parliamentary Finance: The decline in oil violated the government's budget expectations, and projects will be postponed
    • Time: 05/06/2023 12:16:24
       
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    {Economic: Al Furat News} A member of the Parliamentary Finance Committee said that the decline in oil prices in global markets contradicted the government's expectations in preparing the draft financial budget law.
    Jamal Cougar told {Euphrates News} agency, "The government has calculated that oil prices will range between 80 and 85 dollars, and that if they fall below those rates, they will have to postpone some paragraphs or projects of the budget and transfer them to other budgets."
    He added, "We expect that the budget law will be approved within two weeks from now."
    And Prime Minister Muhammad al-Sudani announced earlier that "operating expenditures in the budget amounted to 150 trillion and 293 billion dinars, while investment expenditures amounted to 47 trillion and 555 billion dinars."
    Al-Sudani said in a press interview, “The financial deficit in the 2023 budget amounted to 63 trillion and 275 billion dinars,” noting that “the financial revenue in the budget amounted to 134 trillion and 553 billion dinars, including oil revenues of 117 trillion and 252 billion dinars, and non-oil revenues of 17 trillion dinars.”
    The Prime Minister pointed out that "the price of oil was estimated in the budget at 70 dollars, according to the export of 3 million barrels and 500,000 per day, of which 400,000 barrels are from the Kurdistan Region."
    Raghad Daham
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