A member of the Finance Committee in Parliament MP Masood Haider , Wednesday, figures draft financial budget law for 2017 , the $ 90.224 trillion dinars, while noting that the deficit ratio up to 10.165 trillion is equivalent to 11.27% .
Haider said in an interview with Alsumaria's News, " the draft budget for fiscal 2017 Act, should arrive legally to the House of Representatives a maximum on the 10th of November next , " noting that " the total expenditure budget , which is tantamount to the total value of its of 90. 224 trillion dinars. "
He said Haider that "oil revenues planned for 2017 amounted to 68.410,125000 trillion dinars, revenue from non - oil 11.649 trillion dinars , " noting that " the price of abarrel of oil to balance in 2017 was estimated at $ 42, and the quantities of exported oil per day 3.750000 barrels per day . "
He added that Haider" the planned budget deficit ratio of 10.165 trillion dinars, or about 11.27% , "pointing out that" the estimated amount of the loan to fill part of theplanned deficit of 5.608 trillion dinars. "
He announced the information Office of the chairman of the board Minister Haider al -Abadi , 23 , last August, the Council discussed the financial budget for 2017 andproposed amendments to the law on the version provided by the Ministry of Finance, as he emphasized that the law reached the final stages in preparation for submission to the House of Representatives.
the Abadi announced, earlier, for determine the price of $ 35 per barrel of oil within the financial budget for the next year in 2017, and as pointed out that his government has reconsidered some of the paragraphs of the budget, confirmed she was suffering from a large fiscal deficit due to lack of oil imports , compared with a rise of employees and retirees salary cap.
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