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Zebari discuss with the Chairman of the Finance Committee in the Iraqi parliament maximizing budget revenues in 2015
Sunday 24-05-2015
Finance Minister Hoshiyar Zebari
Met with Finance Minister Hoshyar Zebari today / Sunday / at the headquarters of the ministry in Baghdad Chairman of the Finance Committee in the Council of Representatives, Dr. Ahmad Chalabi.
During the meeting, they discussed ways between cooperation and the Ministry of Finance and the Finance Committee in the Council of Representatives of Iraq, and a review of the fiscal policy situation in the country and ways to maximize revenues State to cover the budget of 2015, due to security and economic conditions experienced by Iraq as well as the falling price of oil the world. On the other hand, told the parliamentary finance committee member Masood Haider that the Central Bank of Iraq planned new currency category 50 and 100 thousand dinars version ( the dollar is equal to 1250 Iraqi dinars ), after studying more than two years, said: "This step is a preliminary to remove zeros from the Iraqi currency in the coming years." He added that the two new categories will facilitate the trading process of the Iraqi dinar against the hard currency .. pointing out that the project to delete the zeros still exists, the central bank decided their experience and study how to deal with them in the Iraqi market. The Iraqi Council of Representatives approved on January 29, 2015 to pass the budget bill the Federal worth 119.5 trillion Iraqi dinars .. The estimated revenue of the general budget of the Federal amount of 94.05 trillion dinars, which is calculated revenues generated for the export of oil on the basis of the price of crude rate of $ 56 per barrel .. The planned budget deficit amounted to 25.4 trillion dinars covered from internal and external borrowing and cash amounts retained in the calculation of the Ministry of Finance .
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Sunday 24-05-2015
Finance Minister Hoshiyar Zebari
Met with Finance Minister Hoshyar Zebari today / Sunday / at the headquarters of the ministry in Baghdad Chairman of the Finance Committee in the Council of Representatives, Dr. Ahmad Chalabi.
During the meeting, they discussed ways between cooperation and the Ministry of Finance and the Finance Committee in the Council of Representatives of Iraq, and a review of the fiscal policy situation in the country and ways to maximize revenues State to cover the budget of 2015, due to security and economic conditions experienced by Iraq as well as the falling price of oil the world. On the other hand, told the parliamentary finance committee member Masood Haider that the Central Bank of Iraq planned new currency category 50 and 100 thousand dinars version ( the dollar is equal to 1250 Iraqi dinars ), after studying more than two years, said: "This step is a preliminary to remove zeros from the Iraqi currency in the coming years." He added that the two new categories will facilitate the trading process of the Iraqi dinar against the hard currency .. pointing out that the project to delete the zeros still exists, the central bank decided their experience and study how to deal with them in the Iraqi market. The Iraqi Council of Representatives approved on January 29, 2015 to pass the budget bill the Federal worth 119.5 trillion Iraqi dinars .. The estimated revenue of the general budget of the Federal amount of 94.05 trillion dinars, which is calculated revenues generated for the export of oil on the basis of the price of crude rate of $ 56 per barrel .. The planned budget deficit amounted to 25.4 trillion dinars covered from internal and external borrowing and cash amounts retained in the calculation of the Ministry of Finance .
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