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Parliamentary Finance: General savings will provide 2 trillion dinars budget
13/01/2015
BAGHDAD / JD / .. parliamentary Finance Committee announced, on their quest to reduce the federal budget for the 2015 deficit of 45 trillion dinars to 25 trillion dinars by reducing unnecessary spending and taxation and the application of the public saving, as pointed out that the public savings will provide a sum of $ 2 trillion dinars general budget.
A member of the committee MP Ali Mohammed told / BD /: that the committee is trying to reduce the federal budget deficit, which exceeded the 45 trillion dinars due to low oil prices through the application of some measures the most important Cancel unnecessary expenses and activation fees and taxes, as well as public savings for employees who reach their allocation application added to the nominal salary of more than 500 000 dinars, which will provide an amount of 2 trillion dinars budget.
The Council of Ministers has approved a 2015 budget of $ 124 trillion dinars, and the price of oil to $ 60, and a deficit estimated 24 trillion dinars, and in light of the decrease in world oil prices as the price of a barrel of Iraqi oil to $ 42, the budget deficit has exceeded 45 trillion Iraqi dinars. / end / 8 /
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13/01/2015
BAGHDAD / JD / .. parliamentary Finance Committee announced, on their quest to reduce the federal budget for the 2015 deficit of 45 trillion dinars to 25 trillion dinars by reducing unnecessary spending and taxation and the application of the public saving, as pointed out that the public savings will provide a sum of $ 2 trillion dinars general budget.
A member of the committee MP Ali Mohammed told / BD /: that the committee is trying to reduce the federal budget deficit, which exceeded the 45 trillion dinars due to low oil prices through the application of some measures the most important Cancel unnecessary expenses and activation fees and taxes, as well as public savings for employees who reach their allocation application added to the nominal salary of more than 500 000 dinars, which will provide an amount of 2 trillion dinars budget.
The Council of Ministers has approved a 2015 budget of $ 124 trillion dinars, and the price of oil to $ 60, and a deficit estimated 24 trillion dinars, and in light of the decrease in world oil prices as the price of a barrel of Iraqi oil to $ 42, the budget deficit has exceeded 45 trillion Iraqi dinars. / end / 8 /
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