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What are the advantages and disadvantages of the 2017 budget?
Date: 12/06/2016 16:15
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Information / Baghdad ...
Revealed economist contrary goldsmith, Tuesday, flaws and advantages of next year's budget in 2017, and among it reasonable for oil pricing adopted, noted exaggerating export-powered SoC combined with the oil of Kurdistan.
The jeweler said in a statement to Agence / information /, that "the oil pricing in the general budget dollars with 42 per barrel was very reasonable and appropriate," pointing out that "if the price reduction more will increase the deficit over 20 billion dollars and this large sum can not be paid off debt or borrowing external and bonds. "
He added that "the budget defects which built on the export of oil's capacity is estimated at 3 million and 750 thousand barrels per day and this size large Nsiba relied on all the export capacity of the country, including the oil of Kurdistan," noting that "any disagreement between the center and the region will affect the export capacity and therefore the size of the financial revenues generated. "
"The budget has addressed some of the exchange resources in a good way and reduced the deficit to as little as possible and that it was some of the unnecessary waste resources," adding that "the withholding of salaries of employees not to pay off the total deficit, but to save money to meet the needs of the popular crowd and military operations."
And decided the presidency of the Iraqi Council of Representatives, on Monday, raising the voting on the budget-to-day regular session on Wednesday, while the House voted, on Sunday, at paragraph 50 of the Federal Budget Law. It ended 25 K.
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[url][/url]Information / Baghdad ...
Revealed economist contrary goldsmith, Tuesday, flaws and advantages of next year's budget in 2017, and among it reasonable for oil pricing adopted, noted exaggerating export-powered SoC combined with the oil of Kurdistan.
The jeweler said in a statement to Agence / information /, that "the oil pricing in the general budget dollars with 42 per barrel was very reasonable and appropriate," pointing out that "if the price reduction more will increase the deficit over 20 billion dollars and this large sum can not be paid off debt or borrowing external and bonds. "
He added that "the budget defects which built on the export of oil's capacity is estimated at 3 million and 750 thousand barrels per day and this size large Nsiba relied on all the export capacity of the country, including the oil of Kurdistan," noting that "any disagreement between the center and the region will affect the export capacity and therefore the size of the financial revenues generated. "
"The budget has addressed some of the exchange resources in a good way and reduced the deficit to as little as possible and that it was some of the unnecessary waste resources," adding that "the withholding of salaries of employees not to pay off the total deficit, but to save money to meet the needs of the popular crowd and military operations."
And decided the presidency of the Iraqi Council of Representatives, on Monday, raising the voting on the budget-to-day regular session on Wednesday, while the House voted, on Sunday, at paragraph 50 of the Federal Budget Law. It ended 25 K.
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