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Economic disaster .. budget exceeded 85 trillion dinars deficit
BAGHDAD / JD / .. acknowledged the parliamentary finance committee, the difficulty of passing the 2015 budget and approved in the House of Representatives because of the increase in the fiscal deficit to more than 85 trillion dinars, as pointed out that the budget lacks justice in the distribution of revenue with an estimated share of the Kurdish citizen annually b 4 million dinars, while the Arab citizen of three million and 250 000 dinars per year.
The committee member said Sadiq we hinted Agency / BD /: "The 2015 budget is difficult to pass in parliament despite the fact that the Iraqi people waits impatiently, because of the government when it sent the budget to the House of Representatives was the price of a barrel of oil at $ 67 and identified in the budget by 60 dollars in anticipation of a decline, but the decline continued until he reached to below $ 40 per barrel. "
He added: "Export proven oil in the budget rate of 3.3 million barrels of oil a day, either currently does not issue whether Iraq is 2.7 million barrels per day, there is a difference is estimated at US $ 20 per barrel, which means that the monthly budget deficit is estimated at 4 billion and the annual $ 48 billion, equivalent to 60 trillion dinars, and there is a real deficit already exists in the budget is estimated at 25 trillion dinars, and therefore, the real deficit will exceed the 85 trillion dinars, and this is a dangerous precedent and economic disaster. "
He said: "There is a political and technical disagreements about the budget, including the Kurdistan Regional Government was not spared from the oil region, plus the oil of Kirkuk, amounting to 550 000 barrels of only 192 000 barrels, and today the budget lack of fairness in the distribution of revenue, especially between the Kurdistan region and the rest of the provinces where the estimated share of the citizen Kurdish annually to 4 million dinars, while the Arab citizen of three million and 250 thousand barrels. "
The member of the Finance Committee, the Council of Ministers by sending an extension of the budget includes adjustments to reduce the budget and the abolition of some of the items in order to speed up the adoption of the budget and save the national economy. / End / 8 /
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BAGHDAD / JD / .. acknowledged the parliamentary finance committee, the difficulty of passing the 2015 budget and approved in the House of Representatives because of the increase in the fiscal deficit to more than 85 trillion dinars, as pointed out that the budget lacks justice in the distribution of revenue with an estimated share of the Kurdish citizen annually b 4 million dinars, while the Arab citizen of three million and 250 000 dinars per year.
The committee member said Sadiq we hinted Agency / BD /: "The 2015 budget is difficult to pass in parliament despite the fact that the Iraqi people waits impatiently, because of the government when it sent the budget to the House of Representatives was the price of a barrel of oil at $ 67 and identified in the budget by 60 dollars in anticipation of a decline, but the decline continued until he reached to below $ 40 per barrel. "
He added: "Export proven oil in the budget rate of 3.3 million barrels of oil a day, either currently does not issue whether Iraq is 2.7 million barrels per day, there is a difference is estimated at US $ 20 per barrel, which means that the monthly budget deficit is estimated at 4 billion and the annual $ 48 billion, equivalent to 60 trillion dinars, and there is a real deficit already exists in the budget is estimated at 25 trillion dinars, and therefore, the real deficit will exceed the 85 trillion dinars, and this is a dangerous precedent and economic disaster. "
He said: "There is a political and technical disagreements about the budget, including the Kurdistan Regional Government was not spared from the oil region, plus the oil of Kirkuk, amounting to 550 000 barrels of only 192 000 barrels, and today the budget lack of fairness in the distribution of revenue, especially between the Kurdistan region and the rest of the provinces where the estimated share of the citizen Kurdish annually to 4 million dinars, while the Arab citizen of three million and 250 thousand barrels. "
The member of the Finance Committee, the Council of Ministers by sending an extension of the budget includes adjustments to reduce the budget and the abolition of some of the items in order to speed up the adoption of the budget and save the national economy. / End / 8 /
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