Home
Iraq is considering reducing a bank reserve Rafidain and Rasheed
Baghdad: Vice favored in the Iraqi parliament member of the Parliamentary Finance Committee for asylum Iraqi government to cut unnecessary expenses and expenses of luxury and sovereign to face the damage to the general budget of the Federal 2015 because of low oil prices in the world market. The MP said Jabbar Abdul Khaliq, a member of the Parliamentary Finance Committee to the independent newspaper Al-term issued on Tuesday, "The sale of Iraqi crude oil arrived within a few hours to about $ 58 a barrel export and capacity of up to about three million barrels per day, including petroleum product from the Kurdistan region fields." ndash; according to news agency German-.
He added: "The continuing decline of oil prices will lead to reducing the budget next year to unexpected numbers will include the reduction of the sovereign and investment expenditure major strategic projects because Iraq will be the most affected countries of the falling prices of oil because it depends are in total revenues for oil." He explained that "falling price of a barrel of oil for one dollar it costs the state budget loss estimated at about $ 3 million a day," he said, adding:
There is an idea for the government to cut the cash bank reserve for Rosetta and Mesopotamia from 15% to half of the currency to deal with the oil price crisis because the cut cash reserve for government banks will provide $ 6 billion to the state treasury as well as the government's borrowing from commercial bank financing of up to $ 3 billion in addition to the borrow one billion dollars from the care of minors body on the grounds that these funds will be frozen and owed the state added to the treasury transfers will provide $ 3 billion. "
Iraq is considering reducing a bank reserve Rafidain and Rasheed
Baghdad: Vice favored in the Iraqi parliament member of the Parliamentary Finance Committee for asylum Iraqi government to cut unnecessary expenses and expenses of luxury and sovereign to face the damage to the general budget of the Federal 2015 because of low oil prices in the world market. The MP said Jabbar Abdul Khaliq, a member of the Parliamentary Finance Committee to the independent newspaper Al-term issued on Tuesday, "The sale of Iraqi crude oil arrived within a few hours to about $ 58 a barrel export and capacity of up to about three million barrels per day, including petroleum product from the Kurdistan region fields." ndash; according to news agency German-.
He added: "The continuing decline of oil prices will lead to reducing the budget next year to unexpected numbers will include the reduction of the sovereign and investment expenditure major strategic projects because Iraq will be the most affected countries of the falling prices of oil because it depends are in total revenues for oil." He explained that "falling price of a barrel of oil for one dollar it costs the state budget loss estimated at about $ 3 million a day," he said, adding:
There is an idea for the government to cut the cash bank reserve for Rosetta and Mesopotamia from 15% to half of the currency to deal with the oil price crisis because the cut cash reserve for government banks will provide $ 6 billion to the state treasury as well as the government's borrowing from commercial bank financing of up to $ 3 billion in addition to the borrow one billion dollars from the care of minors body on the grounds that these funds will be frozen and owed the state added to the treasury transfers will provide $ 3 billion. "
[You must be registered and logged in to see this link.]
Baghdad: Vice favored in the Iraqi parliament member of the Parliamentary Finance Committee for asylum Iraqi government to cut unnecessary expenses and expenses of luxury and sovereign to face the damage to the general budget of the Federal 2015 because of low oil prices in the world market. The MP said Jabbar Abdul Khaliq, a member of the Parliamentary Finance Committee to the independent newspaper Al-term issued on Tuesday, "The sale of Iraqi crude oil arrived within a few hours to about $ 58 a barrel export and capacity of up to about three million barrels per day, including petroleum product from the Kurdistan region fields." ndash; according to news agency German-.
He added: "The continuing decline of oil prices will lead to reducing the budget next year to unexpected numbers will include the reduction of the sovereign and investment expenditure major strategic projects because Iraq will be the most affected countries of the falling prices of oil because it depends are in total revenues for oil." He explained that "falling price of a barrel of oil for one dollar it costs the state budget loss estimated at about $ 3 million a day," he said, adding:
There is an idea for the government to cut the cash bank reserve for Rosetta and Mesopotamia from 15% to half of the currency to deal with the oil price crisis because the cut cash reserve for government banks will provide $ 6 billion to the state treasury as well as the government's borrowing from commercial bank financing of up to $ 3 billion in addition to the borrow one billion dollars from the care of minors body on the grounds that these funds will be frozen and owed the state added to the treasury transfers will provide $ 3 billion. "
Iraq is considering reducing a bank reserve Rafidain and Rasheed
Baghdad: Vice favored in the Iraqi parliament member of the Parliamentary Finance Committee for asylum Iraqi government to cut unnecessary expenses and expenses of luxury and sovereign to face the damage to the general budget of the Federal 2015 because of low oil prices in the world market. The MP said Jabbar Abdul Khaliq, a member of the Parliamentary Finance Committee to the independent newspaper Al-term issued on Tuesday, "The sale of Iraqi crude oil arrived within a few hours to about $ 58 a barrel export and capacity of up to about three million barrels per day, including petroleum product from the Kurdistan region fields." ndash; according to news agency German-.
He added: "The continuing decline of oil prices will lead to reducing the budget next year to unexpected numbers will include the reduction of the sovereign and investment expenditure major strategic projects because Iraq will be the most affected countries of the falling prices of oil because it depends are in total revenues for oil." He explained that "falling price of a barrel of oil for one dollar it costs the state budget loss estimated at about $ 3 million a day," he said, adding:
There is an idea for the government to cut the cash bank reserve for Rosetta and Mesopotamia from 15% to half of the currency to deal with the oil price crisis because the cut cash reserve for government banks will provide $ 6 billion to the state treasury as well as the government's borrowing from commercial bank financing of up to $ 3 billion in addition to the borrow one billion dollars from the care of minors body on the grounds that these funds will be frozen and owed the state added to the treasury transfers will provide $ 3 billion. "
[You must be registered and logged in to see this link.]
