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Chalabi: the budget deficit will rise to 43 trillion dinars if oil prices below $ 50
Wednesday, 07 January 2015 16: 28
[In Baghdad]
The parliamentary Finance Committee would likely President, Ahmad Chalabi, the high fiscal deficit for 2015 to 43 trillion dinars instead of 25 trillion dinars.
And a representative of the Agency said all Iraq IGN that "Chalabi between during the reading of the report of the Finance Committee on the budget in the Parliament session today that if the adoption of the budget on the oil price of $ 60 with low world oil prices below 50 dollars, or landing to less than $ 45, it will generate a budget deficit estimated at 18 trillion dinars, in addition to the existing deficit 25 trillion dinars".
The House of representatives today resumed regular meetings which followed its finance reading budget report and second reading has finished.
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Wednesday, 07 January 2015 16: 28
[In Baghdad]
The parliamentary Finance Committee would likely President, Ahmad Chalabi, the high fiscal deficit for 2015 to 43 trillion dinars instead of 25 trillion dinars.
And a representative of the Agency said all Iraq IGN that "Chalabi between during the reading of the report of the Finance Committee on the budget in the Parliament session today that if the adoption of the budget on the oil price of $ 60 with low world oil prices below 50 dollars, or landing to less than $ 45, it will generate a budget deficit estimated at 18 trillion dinars, in addition to the existing deficit 25 trillion dinars".
The House of representatives today resumed regular meetings which followed its finance reading budget report and second reading has finished.
[You must be registered and logged in to see this link.]
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