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Said the member of the parliamentary finance committee, that "the government is unable to face the front of the repercussions of the drop in oil prices and its impacts on imports of Iraq."
He said Hossam punitive told all of Iraq [where] that "Saudi Arabia and some OPEC countries now has a fiscal deficit which is the same reason why Iraq's dependence on oil exports and abundant supply of crude oil production, which led to lower prices."
He explained that "non-OPEC agreement to cut production is another reason for the decline of prices and do not forget and a head that countries are trying to practice the policies you want control of the economy in addition to the decline in global growth, especially in China what is causing the lack of demand for oil as China is one of the largest oil-importing countries. "
The world record of Brent crude contracts have tumbled on Thursday morning to a new low levels in 11 years during the Asian trading on concerns about China's economy increased concerns of inflation and abundant supplies, while on Friday rose slightly by 2% to reach $ 34.
Ruled out the Iraqi Oil Ministry, "currently" high world oil prices because of the crisis taking place in the Middle East following the strained relations between Iran and Saudi Arabia.
Iraq is facing a financial crisis due to the sharp decline of oil, in terms of financial budget for this year with a total expenditure of more than 105 trillion deficit accounted for 22.8%, reaching a total revenue of the 81 trillion and 700 billion dinars, and the oil revenues, of which 69 trillion and 773 billion dinars The increase of 85.1% from total revenues, while non-oil revenues amounted to more than 11 trillion and 927 billion dinars The increase of 13.6% of total revenues.
The Iraqi government is considering several options to address this deficit and secure the costs of the war on terrorism and the lack of imports through the possibility of postponing the payment of staff salaries or partial sale of state property of land and privatization of some government institutions in addition to the two loans Alforeigh.anthy
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A member of the parliamentary finance: the government is unable to face the repercussions of the drop in oil
[/ltr][ltr][rtl] 2016/1/8 [/rtl][/ltr]
[ltr][You must be registered and logged in to see this image.]
[Baghdad-where]
Said the member of the parliamentary finance committee, that "the government is unable to face the front of the repercussions of the drop in oil prices and its impacts on imports of Iraq."
He said Hossam punitive told all of Iraq [where] that "Saudi Arabia and some OPEC countries now has a fiscal deficit which is the same reason why Iraq's dependence on oil exports and abundant supply of crude oil production, which led to lower prices."
He explained that "non-OPEC agreement to cut production is another reason for the decline of prices and do not forget and a head that countries are trying to practice the policies you want control of the economy in addition to the decline in global growth, especially in China what is causing the lack of demand for oil as China is one of the largest oil-importing countries. "
The world record of Brent crude contracts have tumbled on Thursday morning to a new low levels in 11 years during the Asian trading on concerns about China's economy increased concerns of inflation and abundant supplies, while on Friday rose slightly by 2% to reach $ 34.
Ruled out the Iraqi Oil Ministry, "currently" high world oil prices because of the crisis taking place in the Middle East following the strained relations between Iran and Saudi Arabia.
Iraq is facing a financial crisis due to the sharp decline of oil, in terms of financial budget for this year with a total expenditure of more than 105 trillion deficit accounted for 22.8%, reaching a total revenue of the 81 trillion and 700 billion dinars, and the oil revenues, of which 69 trillion and 773 billion dinars The increase of 85.1% from total revenues, while non-oil revenues amounted to more than 11 trillion and 927 billion dinars The increase of 13.6% of total revenues.
The Iraqi government is considering several options to address this deficit and secure the costs of the war on terrorism and the lack of imports through the possibility of postponing the payment of staff salaries or partial sale of state property of land and privatization of some government institutions in addition to the two loans Alforeigh.anthy
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