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Finance Committee: Iraq's imports during the first half of this year amounted to 25 trillion dinars
8/6/15
BAGHDAD / JD / .. the parliamentary finance committee, announced that Iraq's imports from the first half of this year amounted to about 25 trillion dinars, while the likely drop in oil prices during the second half, which means that revenue will be reduced.
A member of the committee MP Jabbar al-Abadi told / JD /: that "Iraq's imports achieved during the first half of this year amounted to about 25 trillion dinars, while the federal budget for 2015 amounted to about 119 trillion dinars, which means that the fiscal deficit will exceed the 50 trillion dinars In the event of continued decline in revenue. "
"The oil prices in world markets will fall during the second half of this year, according to economic studies research centers, which means that the fiscal revenue of the state will be reduced."
The House of Representatives voted on the 2015 budget in the amount of about $ 100 billion, and the price of oil is limited to $ 56 a barrel and the rate of export 3.3 million barrels of oil a day.
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8/6/15
BAGHDAD / JD / .. the parliamentary finance committee, announced that Iraq's imports from the first half of this year amounted to about 25 trillion dinars, while the likely drop in oil prices during the second half, which means that revenue will be reduced.
A member of the committee MP Jabbar al-Abadi told / JD /: that "Iraq's imports achieved during the first half of this year amounted to about 25 trillion dinars, while the federal budget for 2015 amounted to about 119 trillion dinars, which means that the fiscal deficit will exceed the 50 trillion dinars In the event of continued decline in revenue. "
"The oil prices in world markets will fall during the second half of this year, according to economic studies research centers, which means that the fiscal revenue of the state will be reduced."
The House of Representatives voted on the 2015 budget in the amount of about $ 100 billion, and the price of oil is limited to $ 56 a barrel and the rate of export 3.3 million barrels of oil a day.
[You must be registered and logged in to see this link.]
