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Will it cover the rise in oil prices, the deficit in the "2016" budget ..?
10/11/2015
Parliamentary Finance Committee, confirmed Sunday that oil prices rise to $ 53 per barrel will contribute to winning in the financial budget for next year to cover the fiscal deficit.
The committee member said Sarhan Ahmed Sarhan in a press statement, said that "the price of a barrel of oil Estimated for the next budget is US $ 45 per barrel and rising oil prices to $ 53 starved Iraq's budget much of the money which will help the fiscal deficit in the budget to cover", calling on the Iraqi government to " This increase investment in order to cover financial expenses. "
He added Sarhan (a deputy from the Kurdistan Alliance) that "the stability of oil prices in the future will contribute to raise taxes on Kartat own mobile devices in addition to the taxes packing import cars."
And crude futures rose in early Asian transactions where crude oil prices rose to $ 53 per barrel after forecasts that the market could see a rally, and the issuance of the facts of the US central bank meeting.
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