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Parliamentary Energy describe approving the budget as "major risk"
Monday, December 12 2 / January 2015
[Baghdad where]
Described member of the Commission on oil and energy parliamentary, Fatima Hamidi, the adoption of the federal budget as the current project as "major risk".
She said Hamidi told all of Iraq [where], "The adoption of the budget in this situation is a big risk, because all indications are that there is a continuous decline in world oil prices."
She added that "there is a global economic policy conspiring to Iraq, so I support the proposal of the Finance Committee to stop the completion of discussions on the budget, and change some of the principles that are based on them to be more close to reality."
House of Representatives continues to discuss the draft federal budget law for 2015, as confirmed MP Magda Tamimi having accelerated changes in the price of a barrel of oil in the budget, which was based on the $ 60, but the low price of a barrel and not to check the amount of export will affect the budget.
He said a number of deputies on the importance of finding new imports by diversifying sources Kalahtmam agriculture, industry, and not rely on oil imports only.
It is said that the Iraqi economy is suffering a crisis as a result of a failure to approve last year's budget in 2014, and the security conditions taking place in some Iraqi cities, in addition to the drop in oil prices.
The religious authority said on the tongue of its representative Mr. Ahmed net that "the fight against financial and administrative corruption will help to overcome the financial crisis resulting from the drop in oil prices." Ended 2
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Monday, December 12 2 / January 2015
[Baghdad where]
Described member of the Commission on oil and energy parliamentary, Fatima Hamidi, the adoption of the federal budget as the current project as "major risk".
She said Hamidi told all of Iraq [where], "The adoption of the budget in this situation is a big risk, because all indications are that there is a continuous decline in world oil prices."
She added that "there is a global economic policy conspiring to Iraq, so I support the proposal of the Finance Committee to stop the completion of discussions on the budget, and change some of the principles that are based on them to be more close to reality."
House of Representatives continues to discuss the draft federal budget law for 2015, as confirmed MP Magda Tamimi having accelerated changes in the price of a barrel of oil in the budget, which was based on the $ 60, but the low price of a barrel and not to check the amount of export will affect the budget.
He said a number of deputies on the importance of finding new imports by diversifying sources Kalahtmam agriculture, industry, and not rely on oil imports only.
It is said that the Iraqi economy is suffering a crisis as a result of a failure to approve last year's budget in 2014, and the security conditions taking place in some Iraqi cities, in addition to the drop in oil prices.
The religious authority said on the tongue of its representative Mr. Ahmed net that "the fight against financial and administrative corruption will help to overcome the financial crisis resulting from the drop in oil prices." Ended 2
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