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Consultant Abadi: high oil prices will be singing Iraq borrowing .. Mohammed Saleh
Economic Adviser to the Prime Minister, the appearance of Mohammed Saleh, on Friday, stressed that high oil prices will be singing Iraq and will be financed by borrowing from the budget in 2015.
Saleh said in a statement to the Agency / information /, "The rise in oil prices in the world factors back to move the Chinese economy on the one hand, as China consumes nine million barrels of oil a day and more than half of the importer, on the other hand, the losses suffered by the international oil companies, which gave a negative signal, that there is no significant increase in the oil supply in the future as long as investments parked. "
"The rise in oil prices increases of Iraq's revenues, and therefore is an influential factor on the budget deficit," noting that "deficit financing sources will be teams increase the price of oil and compensate for external borrowing."
It is said that the global price of Brent crude rose Friday to $ 60 a barrel in Asian trading, up nearly 4 percent since the beginning of the week with the recovery of acquisitions by the news of further reduce operating expenditure sector companies and the dollar's decline. Finished
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Economic Adviser to the Prime Minister, the appearance of Mohammed Saleh, on Friday, stressed that high oil prices will be singing Iraq and will be financed by borrowing from the budget in 2015.
Saleh said in a statement to the Agency / information /, "The rise in oil prices in the world factors back to move the Chinese economy on the one hand, as China consumes nine million barrels of oil a day and more than half of the importer, on the other hand, the losses suffered by the international oil companies, which gave a negative signal, that there is no significant increase in the oil supply in the future as long as investments parked. "
"The rise in oil prices increases of Iraq's revenues, and therefore is an influential factor on the budget deficit," noting that "deficit financing sources will be teams increase the price of oil and compensate for external borrowing."
It is said that the global price of Brent crude rose Friday to $ 60 a barrel in Asian trading, up nearly 4 percent since the beginning of the week with the recovery of acquisitions by the news of further reduce operating expenditure sector companies and the dollar's decline. Finished
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