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Economist expected a large decline in oil prices in 2016 and recognizes solutions to bridge the budget deficit
Since 09/15/2015 13:14 pm (Baghdad time)
Expected economic expert Abdul Hassan al-Shammari, Tuesday, oil prices drop to a larger proportion in 2016, stressing that the low salaries of the three presidencies is not enough to cover the deficit in the Iraqi budget.
Al-Shammari said L / scales News / "The drop in oil prices continuously and will be increased further in 2016 and the Iraqi budget that sets less than $ 25 per barrel," likely "to be the price of a barrel of oil in the budget of 2016 approximately US $ 25-30 a is a new record, because oil prices are still down in the world. "
He noted economic expert to "the importance of the diversity of resources in the Iraqi budget to be able to manage the country sound economic management," stressing that "declines in the three presidencies salaries is not enough to cover the deficit in the Iraqi budget and must be 2016 budget be based on targets where is determined Is it to reduce or unemployment to support the national economy and how to achieve the resources or the eradication of poverty. "
The "Member of the Committee of Economy and Investment parliamentary Najiba Najib revealed, on Monday, for determining the price of a barrel of oil in the fiscal budget for next year in 2016 to $ 45," while the "confirmed that the reason for delaying the arrival of the budget to the parliament goes back to the" .
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Since 09/15/2015 13:14 pm (Baghdad time)
Expected economic expert Abdul Hassan al-Shammari, Tuesday, oil prices drop to a larger proportion in 2016, stressing that the low salaries of the three presidencies is not enough to cover the deficit in the Iraqi budget.
Al-Shammari said L / scales News / "The drop in oil prices continuously and will be increased further in 2016 and the Iraqi budget that sets less than $ 25 per barrel," likely "to be the price of a barrel of oil in the budget of 2016 approximately US $ 25-30 a is a new record, because oil prices are still down in the world. "
He noted economic expert to "the importance of the diversity of resources in the Iraqi budget to be able to manage the country sound economic management," stressing that "declines in the three presidencies salaries is not enough to cover the deficit in the Iraqi budget and must be 2016 budget be based on targets where is determined Is it to reduce or unemployment to support the national economy and how to achieve the resources or the eradication of poverty. "
The "Member of the Committee of Economy and Investment parliamentary Najiba Najib revealed, on Monday, for determining the price of a barrel of oil in the fiscal budget for next year in 2016 to $ 45," while the "confirmed that the reason for delaying the arrival of the budget to the parliament goes back to the" .
[You must be registered and logged in to see this link.]
