[ltr]Tuesday, 16 December / 1 December 2014 14:22[/ltr]
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Deputy for the National Alliance, said, "The Cabinet meeting ended today without recognizing the financial budget for 2015".
He said Hussein al-Maliki told all of Iraq [where] that "the decline in world oil prices below $ 60 prevented the approval of the Council of Ministers of the budget."
He pointed out that "The Council decided to hold an emergency meeting next Thursday to reconsider the budget after a drop in prices."
The cabinet may hold a hearing today to discuss the report of the Special Ministerial Committee to prepare the budget after adjusting the impact falling prices and the possibility of previously approved.
The price of a barrel of Brent crude oil today has seen a decline to below $ 60 for the first time since 5 Snoat.anthy 2.
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