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Najib likely to attach to the budget table 13 trillion dinars, with high oil prices
7/5/2015
BAGHDAD
Outweighed by the economic and investment commission MP Najiba Najib, Thursday, table entry facility to balance an estimated $ 13 trillion dinars at the persistence of high oil prices of more than $ 60, while considered the government's commitment to its plans austerity a good thing but it is not at the expense of services provided to citizens.
She said Najib's "Sky Press," that "the federal budget for 2015 has not been applied correctly to now because of lower oil prices, as it is limited only to the necessary and salary expenses," indicating that "if the rise in oil prices to more than what is specified in the budget There will be a launch of the investment allocations and appointments. "
"The government will prepare a schedule attached to the federal budget of $ 13 trillion dinars in the event of an increase in world oil prices to more than $ 60," calling on the government to "continue the austerity plans, but not at the expense of services provided to citizens."
The Brent crude oil rose to $ 86 a barrel, while oil in Asian markets exceeded $ 60.
Iraq and many countries in the world is witnessing an economic crisis, as a result of falling oil prices, the global stock market, below $ 48 per barrel, after it was $ 110.
Iraq relies, by 85%, as well as on oil from Iran and Russia Almtdharran in Iraq with the biggest price drop, as a result, the Iraqi government was forced to announce, an austerity operations, generally in the country ....
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7/5/2015
BAGHDAD
Outweighed by the economic and investment commission MP Najiba Najib, Thursday, table entry facility to balance an estimated $ 13 trillion dinars at the persistence of high oil prices of more than $ 60, while considered the government's commitment to its plans austerity a good thing but it is not at the expense of services provided to citizens.
She said Najib's "Sky Press," that "the federal budget for 2015 has not been applied correctly to now because of lower oil prices, as it is limited only to the necessary and salary expenses," indicating that "if the rise in oil prices to more than what is specified in the budget There will be a launch of the investment allocations and appointments. "
"The government will prepare a schedule attached to the federal budget of $ 13 trillion dinars in the event of an increase in world oil prices to more than $ 60," calling on the government to "continue the austerity plans, but not at the expense of services provided to citizens."
The Brent crude oil rose to $ 86 a barrel, while oil in Asian markets exceeded $ 60.
Iraq and many countries in the world is witnessing an economic crisis, as a result of falling oil prices, the global stock market, below $ 48 per barrel, after it was $ 110.
Iraq relies, by 85%, as well as on oil from Iran and Russia Almtdharran in Iraq with the biggest price drop, as a result, the Iraqi government was forced to announce, an austerity operations, generally in the country ....
[You must be registered and logged in to see this link.]
