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Finance: The Cabinet did not specify the price of a barrel of oil to build a budget in 2015
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- Agency eighth day
- November 26, 2014, 15:08
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BAGHDAD - ((eighth day))
Parliamentary Finance Committee confirmed Wednesday that the absence of a draft federal budget law for 2014 will not affect the preparation of the budget in 2015, as pointed out that the Council of Ministers has not yet basic price for a barrel of oil to build next year's budget sets.
A member of the Committee Faleh applicable in an interview that "the correspondence is still continuing between the Ministry of Finance and the Council of Ministers to determine the amount of oil production in the region and the provinces of Kirkuk and Basra in order to determine the quantities of production and exports of oil."
He added that the force, "the Council of Ministers has not yet basic price for a barrel of oil to build the draft federal budget for the year 2015 Act defines", adding that "the lack of a 2014 budget will not affect the preparation of the next year's budget." Recommended to the Commission on oil and energy parliamentary adoption price of $ 65 per barrel in the preparation of the budget year 2015.
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