9/20/15
BAGHDAD / ... stressed the parliamentary finance committee member Ahmed Sarhan, Sunday, that the 2016 budget sent by the Ministry of Finance to the Council of Ministers did not differ from the budget in 2015 in terms of items and paragraphs, as revealed that the proportion of the deficit which amounted to 29 trillion dinars.
Said Ahmed for "Eye Iraq News", that "the budget 2016 sent by the Ministry of Finance to the Council of Ministers did not differ from the budget in 2015, but in terms of numbers," adding that "the proportion of oil revenues in the budget of 2016 amounted to 69 trillion, and public revenue 84 trillion ".
"The 2016 budget sent by the Ministry of Finance to the Cabinet set the price of a barrel of oil to $ 45, while the total overall size of the oil export 3.6 million barrels per day."
"The House of Representatives is expected of the Council of Ministers to send the 2016 budget to him to study it and then put forward for the first reading and discussion and then the second reading and vote, while noting that the vote on the general budget for 2016 takes a period of time for quite some time
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