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Moussawi confirms the failure to approve the draft budget for the current year 2015 due to the large deficit
Baghdad /...akdt MP for the coalition of state law, Samira al-Moussawi, Wednesday, that the draft general budget bill for the current year 2015 will not recognize because of the large deficit and the continuing decline in oil prices.
And excluded in a statement: "Ein Iraq News" received a copy of "approving the budget for the current year because of the absence bases adopted by the Parliament for approval, especially it depends on oil as a resource and a single and prices is stable so far," adding that "the budget bill is built on firm figures but What we find now just speculation inaccurate accompanied by a large deficit, which is difficult to approving the budget because the approval of the country will sign a big mistake, economists warned. "
She said "We must recognize the budget in the form of actual expenses and priorities and not as a law that any pay staff salaries and other priorities and postpone other projects."
She noted that the "inability to predict oil prices, which suffered a continuous decline, as well as problems with the province because of the exported quantities of oil, which floated on the surface again reflected negatively on the possibility of approving the budget." Ended 7
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