[ltr] Sunday, December 14 December 2014 21:17[/ltr]
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Met by the Ministries of Finance and Planning on Sunday evening with the president and members of the Finance Committee in the House of Representatives to discuss the budget for fiscal year 2015.
According to a ministry statement received by all of Iraq [where] a copy of it that "During the meeting, the draft budget presentation to the committee members and the procedures and the ministry plans to rationalize expenses and cover the deficit and the search for a new non-oil resources."
The statement pointed out that "in a spirit of solidarity has been discussed and proposals ideas proposed by the parliamentarians to be included in the budget law, with an emphasis on the current financial and economic crisis requires a combination of all the efforts and cooperation of everyone to overcome these difficulties," pointing out that "the joint meeting was held at the initiative of the Ministry of Finance." .
He is scheduled to hold a cabinet meeting on Tuesday to discuss the 2015 draft budget law.
The Finance Minister Hoshyar Zebari said last Thursday that he and his ministry after reducing spending by about ten billion dollars but is still expected to arrive deficit, which was more than 47 trillion dinars [$ 40 billion] to about $ 30 billion. "
Despite the decline in the price of oil from $ 70 a barrel, the finance minister said that "the government is adopting its spending plans for next year are still based on the approach of the price of this level as the International Monetary Fund expects the arrival of the average crude price to that level over the whole year," .anthy
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