1/8/2015
BAGHDAD - ((eighth day))
Saw an economic advisor to the prime minister appearance of Mohammed Saleh, the lower the price of a barrel of oil below 60 dollars will cause considerable pressure on state spending. Saleh said that "the volatility in oil prices raised the ire of the Iraqi parliament about the price due to the budget in 2015," he said, adding that the price of $ 60 is a good price and will cause reduced pressure on state spending. He called for the government and the Oil Ministry to make efforts to compensate for the oil export volumes more than the specified number of balancing 3.3 million barrels, stressing that the agreement with the Baghdad provincial enhance Iraq's oil exports.
"The House of Representatives has no right to reduce the budget, but Inaql doors exchange with each other", calling for the study of all the local and external conditions in the re-installation of the budget.
[You must be registered and logged in to see this link.]