Iraq Budget Based on $70/barrel
Finance Minister Hoshiyar Zebari said he will soon present his proposed 2015 budget to Cabinet, based on an oil price of $70 per barrel.
The Minister said:
“We are proposing a budget of $100 billion. This is projected …
“We have based our projections on about $70 a barrel. This could fluctuate. You have no assurances or guarantees.”
The government was not able to present a 2014 budget.
(Source: Arab News)
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Finance Minister Hoshiyar Zebari said he will soon present his proposed 2015 budget to Cabinet, based on an oil price of $70 per barrel.
The Minister said:
“We are proposing a budget of $100 billion. This is projected …
“We have based our projections on about $70 a barrel. This could fluctuate. You have no assurances or guarantees.”
The government was not able to present a 2014 budget.
(Source: Arab News)
[You must be registered and logged in to see this link.]