02/08/2015 20:03
Tomorrow Press / Baghdad: Economic Adviser to the Prime Minister revealed the appearance of Mohammed Saleh, Sunday, that the financial returns derived from high oil prices will be the share of the stalled projects, as pointed out that the salary increase or customizations and others will be available if the improvement in the financial situation of the country.
Saleh said for "tomorrow's Press," that "the year's budget law in 2015 included in one of its paragraphs and initiated by the Iraqi Council of Representatives paragraph says that the major projects move at rates of oil revenues, and meant is that there be a supplementary budget, including the current budget, which will be about Using financial returns resulting from high oil prices. "
He added that "there are a lot of projects, whether service or other stalled due to financial hardship in the event of high oil prices will have the largest share," he said, adding that "the other paragraphs such as increased salaries or customizations and others will be available if the improvement in the financial situation of the country."
Oil prices have fallen in the global markets to less than $ 50 per barrel after these prices have been rising during the middle of last year to more than $ 110 per barrel, making the impact on the current year's budget in 2015 where the deficit amounted to more than 25 trillion dinars.
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