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Economic demands to reconsider the budget of 2016: Agr Omamkm..oualemkhatr behind you!
04.10.2015
He stressed the economic expert on behalf of Antoine, Sunday, on the need to reconsider the budget in 2016 to estimate the real deficit, noting that Iraq's economy will confront the risk if it continues to rely on the resources of the International Monetary domestic and foreign banks and loan fund.
He said Antoine L / scales News / "There is a big mistake in building the 2016 budget, which was built on the US $ 45 to the price of a barrel of oil, attributing the cause to that there must be no stability in oil prices because world prices there are more surplus of two million or three million barrels" , stressing that "Iran will be issued to oil markets during this year more than a million and a half barrels which leads to the presence of larger view of the demand what makes oil prices fall."
He said economic expert, that "there is a decline in economic growth, leading to fears in a separate economy," stressing that "the Iraqi government when it set the price of a barrel of oil at $ 45 until at least the deficit attributing the cause if the estimate of the price per barrel to 40 dollars deficit next year will add another billion ".
Antoine said that "there is exaggeration in sources that include plug from the International Monetary Fund and the Qatari foreign loans of local banks", adding that "Iraq's economy will confront the risk if there is no change sources plug."
The "a member of the Finance Committee Masood Haider wrote an article posted on / scales News / in which he stated that" not afraid to anyone that the collapse of the security situation in the western provinces and the advent of terrorism to Iraq in mid 2014 with the presence of state institutions consult the financial and administrative corruption and flaccid numbers huge staff each exceed international standards, with a decline in oil prices exceeded 60% contributed to the development of the Iraqi state institutions in each site not seen since 2003.
Alambla's total budget in 2016 is (113.500 trillion dinars) any (96.186 billion Dۆlar), which was allocated about 73% of it for ongoing expenses by (83.025 trillion dinars) any (70.36 billion Dۆlar), has been allocated (27%) than for capital spending by (30.48 trillion dinars) any (25.83 billion Dۆlar). It estimated oil revenues by (69.77 trillion dinars) and by Algیrnaftیh (14.3 trillion dinars). In other words, the deficit ratio by these figures up to (26%) by (29.43 trillion dinars) any (25 billion Dۆlar) .jdیr noting that the price of a barrel of oil was estimated at (45 Dۆlar) and quantities of oil exported b (3.6 million bpd), including oil KRG. It ended 29 quarters e
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