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Chihod: the projected shortfall in the budget next year will be $ 25 billion
10/16/15
BAGHDAD / Sky Press: MP for the coalition of state law Mohammed Saadoun Chihod, on Friday, that the projected deficit in the budget next year will be approximately $ 25 billion.
Chihod said in a statement received "Sky Press" that "the decline in oil prices was the main reason for the austerity that has occurred in the current year budget and the budget next year will not be much different from its predecessor."
"The budget law for next year is still ranges between the government and the Finance Committee of Parliament for adoption, which in all cases is the fact that MLB for ambitious projected deficit in the budget next year will be approximately $ 25 billion."
He noted that "the general situation of the country in the next year will remain similar for the current year unless there is an increase in oil prices."
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10/16/15
BAGHDAD / Sky Press: MP for the coalition of state law Mohammed Saadoun Chihod, on Friday, that the projected deficit in the budget next year will be approximately $ 25 billion.
Chihod said in a statement received "Sky Press" that "the decline in oil prices was the main reason for the austerity that has occurred in the current year budget and the budget next year will not be much different from its predecessor."
"The budget law for next year is still ranges between the government and the Finance Committee of Parliament for adoption, which in all cases is the fact that MLB for ambitious projected deficit in the budget next year will be approximately $ 25 billion."
He noted that "the general situation of the country in the next year will remain similar for the current year unless there is an increase in oil prices."
[You must be registered and logged in to see this link.]
