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Expert: the price of a barrel of oil in the amounts of its budget does not come in contact with reality
10/21/15
Said economic expert contrary goldsmith, Tuesday, that the price of the oil barrel which was adopted by the amounts going forward, noting that this price will lead the country in a circle fiscal deficit and resorting to borrowing.
The jeweler said in a press statement that "the budgets of Iraq always built on optimistic prices and that the price of oil Alberelmell adopted by balancing next year, estimated in 2016 to 45 dollars per barrel of oil amounts do not come in contact with the reality of the global oil market."
He added that "these prices will enter the country in destitution and fiscal deficits that can not be filled box, but to borrow the internal or external with the calculation of the proportion of the benefits of harm the economic future of the country." Pointing out that "most of the oil-producing countries, particularly Saudi Arabia girl balanced on the price of $ 40 a barrel."
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