BAGHDAD / News Network Iraq confirmed the economic and investment commission inParliament, that the general budget in 2017 will not be applied in real after approval, similar to theprevious budgets, noting that the draft federal budget for 2017 the law has undergone many changes after the ratification within Wazzra.ozkrt Committee member Council, Najiba Najib, a press statement today: " the draft general budget of the federal law in 2017 has undergone many changes after the ratification within the Council of Ministers, related to the adoption price of $ 43 per barrel of oil and the reduction of the deficit from 30-21 trillion dinars ratio, and increase theceiling of the oil revenues of 70 -81 trillion dinars . "She added Najib, that the budget total will not see a real application after its ratification by parliament and the government , similar to the years 2015 to 2016 , " indicating that " the successful implementation of the budget depends on the global market situation and the price of oil, and this put aside the previous two years due to low revenue rate and the collapse of oil prices , which did not reach the average installed price in the budget law even with the increase in exports , ".ccant the size of the parliamentary finance committee today announced the approval of the Council of Ministers at its last meeting on all the amendments proposed by the Ministry of Finance on the draft general budget Alathadah.ivkr Law Prime Minister Haider al - Abadi was announced last month, for the cabinet vote on the budget year 2017 .ouchehdt Iraqi general budget for the years 2015 and 2016 a large deficit, due to lower international oil prices as well as the war effort against al Daash.okan Finance Minister Hoshyar Zebari announced on 19 March for approval by the international Monetary Fund to give Iraq afinancial loan of $ 5 billion to support its budget.