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Member of the Commission Energy: petrodollars can not be applied this year
October 3, 2015In: economy
BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - Commission on oil and energy parliamentary member Zaher al-Abadi said that government is facing difficulty in completing the payment of oil-producing provinces dues within the petro-dollar project in the current year budget in 2015.
The number of oil-producing provinces had demanded the federal government abide by the terms of the federal budget that Elzimtha pay-producing provinces of the petro-dollar dues before the end of the financial year the law.
He said al-Abadi's (IMN), that "the provincial government has an obligation to pay dues within the budget of 2915 for the petro-dollar project is very difficult, because of the financial crisis, financial The income from the sale of oil nearly enough to meet all the requirements of the operating budget."
Abadi said that "the federal government is to withhold payment of dues provinces of petrodollars, but they are compelled to defer payments because of the financial crisis, and at the provincial estimated that the financial situation of the Iraqi state."
And received provincial proportions ranging from 10-20% of the total budget allocated to them during the current financial year 2015 due to delays in the entry of the budget law in progress after the appeal before the Federal Court and the lack of financial revenue.
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October 3, 2015In: economy
BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - Commission on oil and energy parliamentary member Zaher al-Abadi said that government is facing difficulty in completing the payment of oil-producing provinces dues within the petro-dollar project in the current year budget in 2015.
The number of oil-producing provinces had demanded the federal government abide by the terms of the federal budget that Elzimtha pay-producing provinces of the petro-dollar dues before the end of the financial year the law.
He said al-Abadi's (IMN), that "the provincial government has an obligation to pay dues within the budget of 2915 for the petro-dollar project is very difficult, because of the financial crisis, financial The income from the sale of oil nearly enough to meet all the requirements of the operating budget."
Abadi said that "the federal government is to withhold payment of dues provinces of petrodollars, but they are compelled to defer payments because of the financial crisis, and at the provincial estimated that the financial situation of the Iraqi state."
And received provincial proportions ranging from 10-20% of the total budget allocated to them during the current financial year 2015 due to delays in the entry of the budget law in progress after the appeal before the Federal Court and the lack of financial revenue.
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