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Finance Committee: the government is not able in the current circumstances to prepare 2016 budget
9/9/2015
BAGHDAD / Sky Press: Parliamentary Finance Committee has ruled, on Wednesday, the end of the Council of Ministers of the preparation of the 2016 budget under the current circumstances and witnessed the events.
A member of the committee MP Abdul Qader Mohammed for "Sky Press," that the committee "does not have any information on the budget in 2016 and be included in the funds and expenses and determine the price of oil and other".
He added that "the current circumstances taking place in the country of security incidents and demonstrations may not enable the government to the completion of the preparation of the 2016 budget, and sent to the Parliament in a timely manner."
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 a barrel, after it was $ 110.
Iraq relies, by 85%, on oil as well as Iran and Russia Almtdharran biggest with Iraq in lower prices, as a result, the Iraqi government was forced to announce, an austere operations, in general in the country in an attempt to fill the budget deficit, as well as the government announced Iraq, reducing the Council of Ministers' salaries 50%.
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9/9/2015
BAGHDAD / Sky Press: Parliamentary Finance Committee has ruled, on Wednesday, the end of the Council of Ministers of the preparation of the 2016 budget under the current circumstances and witnessed the events.
A member of the committee MP Abdul Qader Mohammed for "Sky Press," that the committee "does not have any information on the budget in 2016 and be included in the funds and expenses and determine the price of oil and other".
He added that "the current circumstances taking place in the country of security incidents and demonstrations may not enable the government to the completion of the preparation of the 2016 budget, and sent to the Parliament in a timely manner."
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 a barrel, after it was $ 110.
Iraq relies, by 85%, on oil as well as Iran and Russia Almtdharran biggest with Iraq in lower prices, as a result, the Iraqi government was forced to announce, an austere operations, in general in the country in an attempt to fill the budget deficit, as well as the government announced Iraq, reducing the Council of Ministers' salaries 50%.
[You must be registered and logged in to see this link.]
