Benedict: a budget deficit started shrinking
11-02-2015
Baghdad/sourcing Centre for the Iraqi media network (IMN)-a member of the parliamentary Economic Committee, Hareth al-Harthi, the parliamentary Economic Committee made significant efforts to control the financial difference after lower oil prices, but higher prices again reduced the deficit in the budget gap this year, which started declining after the recovery of world oil prices.
He said Al-Harthi l (IMN), that "in the budgets of the years 2016-2017, we will eliminate the deficit, after global oil prices and rising exports of Iraqi oil in the future.
He added that previous wars have dented the country's heavy financial debt, and we design and plan to restructure these debts for disposal in the future to bring a healthy national economy, depends on more than financial source of imports for the country. "
And the House voted on 29 January 2015 on the federal budget law for the year worth more than 119 trillion dinars to around 25 trillion deficit.
From: Waleed Al-zaidi under: Charter Shafiq.
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11-02-2015
Baghdad/sourcing Centre for the Iraqi media network (IMN)-a member of the parliamentary Economic Committee, Hareth al-Harthi, the parliamentary Economic Committee made significant efforts to control the financial difference after lower oil prices, but higher prices again reduced the deficit in the budget gap this year, which started declining after the recovery of world oil prices.
He said Al-Harthi l (IMN), that "in the budgets of the years 2016-2017, we will eliminate the deficit, after global oil prices and rising exports of Iraqi oil in the future.
He added that previous wars have dented the country's heavy financial debt, and we design and plan to restructure these debts for disposal in the future to bring a healthy national economy, depends on more than financial source of imports for the country. "
And the House voted on 29 January 2015 on the federal budget law for the year worth more than 119 trillion dinars to around 25 trillion deficit.
From: Waleed Al-zaidi under: Charter Shafiq.
[You must be registered and logged in to see this link.]