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Energy in the parliamentary member confirms that the expected rise of oil prices will reflect positively on the economy
5/19/2015
Said the Commission on oil and energy parliamentary member Zaher al-Abadi, said the expected rise of oil prices, will reflect positively on Iraq's economy and financial liquidity. Ebadi said, told all of Iraq [where], "We expect to see oil prices relatively high, on the grounds that there are low stocks, oil-consuming countries stage a result of increased demand for it."
He said: "We expect oil prices to rise in the coming period," stressing that "for this rise positives at the country level and financial liquidity, suffered by our economy as a result of the estimated 25% of the size of the budget for the current year fiscal deficit economy".
He was a member of the Commission on oil and energy parliamentary Kaveh Mohammad, likely rise in global oil prices to $ 70 a barrel
He said Muhammad's [where], that "it is expected that oil prices go up in the coming months and be about $ 70 a barrel, but these remain ratio is not considerable ability," adding that "it is certain that this rise will reflect positively on the economic situation and reduce the deficit in the Iraq budget But do not Asdh fully. "
He pointed out that "with the continuation of the current financial and security situation, even if oil prices increase this border will be devoted Alizadeh achieved in revenue to the requirements of the war on Daash and secure" unlikely that "lead to increased allocation of funds for projects of urban employees' salaries."
It is said that, Iraq is experiencing economic hardship, in light of the drop in oil prices, which reflected negatively on the federal budget for 2015 and led to the deficit by 25%. "Ended
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5/19/2015
Said the Commission on oil and energy parliamentary member Zaher al-Abadi, said the expected rise of oil prices, will reflect positively on Iraq's economy and financial liquidity. Ebadi said, told all of Iraq [where], "We expect to see oil prices relatively high, on the grounds that there are low stocks, oil-consuming countries stage a result of increased demand for it."
He said: "We expect oil prices to rise in the coming period," stressing that "for this rise positives at the country level and financial liquidity, suffered by our economy as a result of the estimated 25% of the size of the budget for the current year fiscal deficit economy".
He was a member of the Commission on oil and energy parliamentary Kaveh Mohammad, likely rise in global oil prices to $ 70 a barrel
He said Muhammad's [where], that "it is expected that oil prices go up in the coming months and be about $ 70 a barrel, but these remain ratio is not considerable ability," adding that "it is certain that this rise will reflect positively on the economic situation and reduce the deficit in the Iraq budget But do not Asdh fully. "
He pointed out that "with the continuation of the current financial and security situation, even if oil prices increase this border will be devoted Alizadeh achieved in revenue to the requirements of the war on Daash and secure" unlikely that "lead to increased allocation of funds for projects of urban employees' salaries."
It is said that, Iraq is experiencing economic hardship, in light of the drop in oil prices, which reflected negatively on the federal budget for 2015 and led to the deficit by 25%. "Ended
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