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Parliamentary Finance: We need 30 days to approve the 2016 budget
02:44: 10/19/2015
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Khandan - The parliamentary Finance Committee, the House of Representatives needs a month to finalize the federal and approve the budget discussions before the end of the current legislative term. The committee member said Abdul Qader Mohammed, he said that "the Committee needed to 3 weeks for the completion of discussions the federal budget for 2016 and a week of law to be put in House of Representatives for a vote, "adding that" the Council end of approving the budget within one month after receiving him that there were no major objections."explained Mohammed that" the figures contained in the budget bill after lowering the draft figures by the Council of Ministers is acceptable and appropriate to the current situation the selling prices of oil in the world markets. "The cabinet approved on Sunday, the federal budget for 2016 project at $ 106 trillion Iraqi dinars, the equivalent (90.9 billion) and a deficit of 23 trillion dinars, the equivalent of ($ 19.7 billion). (IMN
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There was another article I posted this morning about the National Oil Company. Let's hope with that additional oil and prices staying up above the 45.00 they have set in their 2016 budget. They can make up the deficit and move forward.
Thanks
LIT
02:44: 10/19/2015
[You must be registered and logged in to see this image.]
Khandan - The parliamentary Finance Committee, the House of Representatives needs a month to finalize the federal and approve the budget discussions before the end of the current legislative term. The committee member said Abdul Qader Mohammed, he said that "the Committee needed to 3 weeks for the completion of discussions the federal budget for 2016 and a week of law to be put in House of Representatives for a vote, "adding that" the Council end of approving the budget within one month after receiving him that there were no major objections."explained Mohammed that" the figures contained in the budget bill after lowering the draft figures by the Council of Ministers is acceptable and appropriate to the current situation the selling prices of oil in the world markets. "The cabinet approved on Sunday, the federal budget for 2016 project at $ 106 trillion Iraqi dinars, the equivalent (90.9 billion) and a deficit of 23 trillion dinars, the equivalent of ($ 19.7 billion). (IMN
[You must be registered and logged in to see this link.]
There was another article I posted this morning about the National Oil Company. Let's hope with that additional oil and prices staying up above the 45.00 they have set in their 2016 budget. They can make up the deficit and move forward.
Thanks
LIT
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