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Abadi: We have a financial problem for the year 2015 and possibly extending to 2016
Editor Ali Jasim - Thursday 18 December 2014
Alsumaria News / Baghdad
The Iraqi prime minister Haider al-Abadi , on Thursday, that there is a financial problem for the year 2015 because of lower oil prices and military spending, is probable that this problem extends to 2016.
Ebadi said in a joint press conference held today, with his Jordanian counterpart Abdullah Eagles in the capital Baghdad and attended "Alsumaria News," that " Iraq is not bankrupt countries and the economic potential but we have a financial problem and may extend to 2016 if it continued to decline in oil prices. "
Abadi said that "the Iraqi government was unable to calculate the discounted price for a barrel of oil in the general budget for 2015," adding that it "will begin to reduce unnecessary expenditures and increasing allocations for issues Chairperson such as social protection network, where it was increasing the amounts in 2015".
Abadi and that "the oil agreement with the Kurdistan to export oil is in the federal and provincial government interest, which is the knowledge of the federal government," expected "to raise Iraq's oil exports after the recent implementation of the Convention for the new quantities of Iraqi oil officially sold in global markets."
The Information Office of the Prime Minister Haider al-Abadi, announced on Thursday, the Cabinet meeting regarding the postponement of the budget discussion, which was scheduled for today, attributing the reason for the delay to a new decline in oil prices.
The Jordanian Prime Minister Abdullah Eagles, arrived on Thursday, to the capital Baghdad on an official visit during which he will meet a number of Iraqi officials.
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Editor Ali Jasim - Thursday 18 December 2014
Alsumaria News / Baghdad
The Iraqi prime minister Haider al-Abadi , on Thursday, that there is a financial problem for the year 2015 because of lower oil prices and military spending, is probable that this problem extends to 2016.
Ebadi said in a joint press conference held today, with his Jordanian counterpart Abdullah Eagles in the capital Baghdad and attended "Alsumaria News," that " Iraq is not bankrupt countries and the economic potential but we have a financial problem and may extend to 2016 if it continued to decline in oil prices. "
Abadi said that "the Iraqi government was unable to calculate the discounted price for a barrel of oil in the general budget for 2015," adding that it "will begin to reduce unnecessary expenditures and increasing allocations for issues Chairperson such as social protection network, where it was increasing the amounts in 2015".
Abadi and that "the oil agreement with the Kurdistan to export oil is in the federal and provincial government interest, which is the knowledge of the federal government," expected "to raise Iraq's oil exports after the recent implementation of the Convention for the new quantities of Iraqi oil officially sold in global markets."
The Information Office of the Prime Minister Haider al-Abadi, announced on Thursday, the Cabinet meeting regarding the postponement of the budget discussion, which was scheduled for today, attributing the reason for the delay to a new decline in oil prices.
The Jordanian Prime Minister Abdullah Eagles, arrived on Thursday, to the capital Baghdad on an official visit during which he will meet a number of Iraqi officials.
[You must be registered and logged in to see this link.]
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