Parliamentary Finance: The government wants to build on the 2016 budget price of $ 60 per barrel of oil
[ltr] 2015/9/15 8:16[/ltr]
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[Baghdad - where]
Detection of the parliamentary finance committee member Masood Haider, said the government wanted to build next year's budget in 2016 to $ 60 as the price for a barrel of oil.
He said Haider told all of Iraq [where], "The government wanted to guess the price of a barrel of oil at $ 60 to balance next year, and see that this amount is unrealistic and exaggerated".
He explained: "In the budget strategy was the idea when he began prepared in May month that determines the price of a barrel to $ 60," noting, "We believe in the Finance Committee that the $ 40 price suitable to guess the price of a barrel."
Haider said "up to now there are no signs confirm that the Council of Ministers will discuss the budget bill soon," stressing that "the government must abide by legal frameworks that are sent on the tenth of next November this law to the House of Representatives."
The Committee on the economy and investment representative, said in the second of this September, the 2016 budget is still with the Ministry of Finance.
Said committee member Najiba Najib's [where], that "the budget so far the Ministry of Finance did everything related expenditure side and the revenue is completed, as it has so far not decided the price of oil Evaluator, and the reforms package has not been completed in order to know the expenditure ratio It has been reduced. "
The parliamentary Finance Committee, unveiled the first of September, that "the general budget deficit of 53 trillion dinars."
Said committee member Majda al-Tamimi, for [where], that "to be in the public budget deficit is 23 trillion dinars, but according to the accounts of current data and low oil prices in the global market deficit reached 53 trillion dinars, adding that" more than half of the current year budget is the real deficit is not planned. "
Iraqi state and relies on building the annual financial budget by about 90% on imports of the source of oil, and the resulting decline in crude prices since the middle of last year to a significant decline in Iraq's resources reaching its budget in 2015 about $ 100 billion deficit expected up to 25%, prompting the government to put up Treasury bonds worth $ 6 billion and borrowing from the International Monetary Fund about $ 1.2 billion in an attempt to reduce this deficit with the continued decline Alasar.anthy 2
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[ltr] 2015/9/15 8:16[/ltr]
[ltr][You must be registered and logged in to see this image.]
[Baghdad - where]
Detection of the parliamentary finance committee member Masood Haider, said the government wanted to build next year's budget in 2016 to $ 60 as the price for a barrel of oil.
He said Haider told all of Iraq [where], "The government wanted to guess the price of a barrel of oil at $ 60 to balance next year, and see that this amount is unrealistic and exaggerated".
He explained: "In the budget strategy was the idea when he began prepared in May month that determines the price of a barrel to $ 60," noting, "We believe in the Finance Committee that the $ 40 price suitable to guess the price of a barrel."
Haider said "up to now there are no signs confirm that the Council of Ministers will discuss the budget bill soon," stressing that "the government must abide by legal frameworks that are sent on the tenth of next November this law to the House of Representatives."
The Committee on the economy and investment representative, said in the second of this September, the 2016 budget is still with the Ministry of Finance.
Said committee member Najiba Najib's [where], that "the budget so far the Ministry of Finance did everything related expenditure side and the revenue is completed, as it has so far not decided the price of oil Evaluator, and the reforms package has not been completed in order to know the expenditure ratio It has been reduced. "
The parliamentary Finance Committee, unveiled the first of September, that "the general budget deficit of 53 trillion dinars."
Said committee member Majda al-Tamimi, for [where], that "to be in the public budget deficit is 23 trillion dinars, but according to the accounts of current data and low oil prices in the global market deficit reached 53 trillion dinars, adding that" more than half of the current year budget is the real deficit is not planned. "
Iraqi state and relies on building the annual financial budget by about 90% on imports of the source of oil, and the resulting decline in crude prices since the middle of last year to a significant decline in Iraq's resources reaching its budget in 2015 about $ 100 billion deficit expected up to 25%, prompting the government to put up Treasury bonds worth $ 6 billion and borrowing from the International Monetary Fund about $ 1.2 billion in an attempt to reduce this deficit with the continued decline Alasar.anthy 2
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