Badri's / scales News /: the budget will not pass the oil-producing provinces did not take their rights
10.21.2015
He assured the Committee of the Regions and the provinces parliamentary member Ahmed al-Badri, Wednesday, that he will not pass the federal budget for the next year in 2016 unless it includes the application of the petro-dollar law and give the oil-producing provinces right for every barrel of oil produced, with likely re-budget to the Council of Ministers, the government called for the application of paragraph petrodollars do not even delayed approving the budget
Badri said L / scales News / "The federal budget for 2016 did not include the application of the petro-dollar law and give a share of the oil to the provinces for every barrel of oil produced under the pretext of the economic situation, which is going through the country and the state of austerity going through," noting that "the House of Representatives called for reconsideration In these quotas and included in the budget, otherwise you will be rebalancing to the government. "
The member of the Committee of the Regions and the provinces parliamentary parliamentary cabinet to "reconsider this step and insert a paragraph Alaptroodlaor within the budget and give the oil-producing provinces right order not to delay in approving the budget," noting that "Basra province supply the budget by 85% of the total value so it is imperative that take their rights are and all the oil-producing provinces. "
This "stressed the economic and investment commission in Parliament member Abdul-Karim al-Naqib, on Tuesday, he will study the financial budget for the next year in 2016 to put the mission plans to meet its deficit," while the detection of "The House of Representatives will take up the budget next week."
The "MP for the coalition of state law, Abbas al-Bayati said L / scales News /, on the first Monday that next year's budget in 2016" compelling "and that the presence of a decline in revenue as a result of lower oil prices", calling for "the need to obtain internal loans or external until the shortfall in coverage. "
It is said that "the economic expert on behalf of Antoine said L / scales News /, yesterday Monday, the federal government has made borrowing only way to bridge the fiscal deficit for next year."
It is said that "the Council of Ministers approved, Sunday, the financial budget for next year and amounted to 106 trillion dinars deficit of $ 23 trillion," .anthy 29/28
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