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Parliamentary Energy: Oil prices fell prevents the payment of employees' salaries
8/23/15
.. Brother - Baghdad
Said the Commission on oil and energy parliamentary member Jamal Muhammadawi, Sunday, that the government would be unable to pay the salaries of employees in the event of the fall in oil prices to $ 20.
Muhammadawi said, that "Iraq's budget for the current financial year was built on the basis of $ 56 per barrel of oil, but Iraq sells in the current period, a barrel of oil at about $ 34."
He Muhammadawi, that "oil prices has been a steady decline in the price of a barrel up to twenty dollars," noting that "the Iraqi government in this case suffer from a real financial crisis will not be able even to pay employees' salaries."
Brent crude, on Saturday (August 22, 2015) on the lower of $ 1.16 or 2.5 percent to $ 45.46 a barrel, while US crude fell through transactions to $ 45.07 for approaching the landing for $ 45 for the first time since March 2009.
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8/23/15
.. Brother - Baghdad
Said the Commission on oil and energy parliamentary member Jamal Muhammadawi, Sunday, that the government would be unable to pay the salaries of employees in the event of the fall in oil prices to $ 20.
Muhammadawi said, that "Iraq's budget for the current financial year was built on the basis of $ 56 per barrel of oil, but Iraq sells in the current period, a barrel of oil at about $ 34."
He Muhammadawi, that "oil prices has been a steady decline in the price of a barrel up to twenty dollars," noting that "the Iraqi government in this case suffer from a real financial crisis will not be able even to pay employees' salaries."
Brent crude, on Saturday (August 22, 2015) on the lower of $ 1.16 or 2.5 percent to $ 45.46 a barrel, while US crude fell through transactions to $ 45.07 for approaching the landing for $ 45 for the first time since March 2009.
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