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Economist ,, 2016 budget deficit of 30 trillion dinars
October 2, 2015 2:45
He stressed the economic expert on behalf of Jamil Antoine, that the deficit in the budget next year is estimated at more than 30 trillion dinars, noting that the budget was built on the price of $ 45 per barrel of oil.
Said Antoine, he said that "the Iraqi economy yield economy mainly depends on oil imports to determine the general budget of the country," pointing out that "next year's budget was built on the price of $ 45 per barrel of oil, and Baward total 70 trillion dinars," and expressed "fear of decline the price per barrel to less than $ 40. "
He added that "the price of a barrel of oil if he stayed ranges within the limits of the forties it is a good thing and will be a budget deficit of more than 30 trillion dinars," noting that "this deficit possible to reduce through funding from many sides through loans as loans of the World Bank and the International Monetary Fund Japanese loan and the National Bank of Qatar. "
The "Committee for Economy and Investment parliamentary member Mohammed Abbas has revealed, earlier, for submission to the committee 50 a proposal to the central government for about support 2016 budget," noting that "the most prominent of these proposals activating the role of national companies in supporting the national economy, local products."
He said the parliamentary finance committee member Ahmed meat, earlier in the L / scales News /, that next year will see a few in the implementation of investment projects in Iraq because of the weakness of the federal budget for 2016, noting that government spending will be focused on the operating budget only
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October 2, 2015 2:45
He stressed the economic expert on behalf of Jamil Antoine, that the deficit in the budget next year is estimated at more than 30 trillion dinars, noting that the budget was built on the price of $ 45 per barrel of oil.
Said Antoine, he said that "the Iraqi economy yield economy mainly depends on oil imports to determine the general budget of the country," pointing out that "next year's budget was built on the price of $ 45 per barrel of oil, and Baward total 70 trillion dinars," and expressed "fear of decline the price per barrel to less than $ 40. "
He added that "the price of a barrel of oil if he stayed ranges within the limits of the forties it is a good thing and will be a budget deficit of more than 30 trillion dinars," noting that "this deficit possible to reduce through funding from many sides through loans as loans of the World Bank and the International Monetary Fund Japanese loan and the National Bank of Qatar. "
The "Committee for Economy and Investment parliamentary member Mohammed Abbas has revealed, earlier, for submission to the committee 50 a proposal to the central government for about support 2016 budget," noting that "the most prominent of these proposals activating the role of national companies in supporting the national economy, local products."
He said the parliamentary finance committee member Ahmed meat, earlier in the L / scales News /, that next year will see a few in the implementation of investment projects in Iraq because of the weakness of the federal budget for 2016, noting that government spending will be focused on the operating budget only
[You must be registered and logged in to see this link.]
