Iraqi economic center questioned the possibility to cover the budget deficit unless it improves oil prices
Follow-up - and babysit
- questioned Economic Information Center, the possibility of covering the proposed federal budget deficit for 2015, of up to 36 trillion dinars, unless improved oil prices.
The president of the Economic Media Center Dergham Mohammed Ali, in a press statement, said that "the budgets of the past years have seen a digitally deficit only, and is not realistic, because the real revenue difference compared Baltkhmona, while the current year deficit is likely to be true and that it is difficult to be covered in this value within traditional tools of government. "
He pointed out that "the domestic and international debt very limited capacity in case relied upon, and that he can not actually cover more than 7 to 8 trillion, while the rest, it will be a deficit in the budget of the hard covering."
He expressed the hope "offering more practical alternatives to reduce or bridge the budget deficit with attempts to reduce it to the minimum."
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