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Economic parliamentary: 2016 budget will be passed quickly without political objections
10/26/2015
It suggested the economic and investment commission in Parliament on Monday, passing the 2016 budget in the House of Representatives quickly without political objections, while considered that the budget will be the toughest in the history of Iraq. Said committee member Nora Albjara in an interview with Alsumaria News's, "The financial budget for the 2016 austerity will be the most difficult in the history of Iraq because of falling oil prices," indicating that "the budget will include staff salaries and expenses of the state and does not contain a huge investment projects, in order to create a political objections to benefit electorally or politically. "
Parliamentary Finance: Budget Law has a political consensus and will pass during the current month
Virtue: the price of a barrel of oil was $ 43 and the budget was built on the basis of $ 60
And suggested Albjara "pass the budget bill in the House of Representatives quickly without political objections, due to austerity". The parliamentary Finance Committee announced earlier on Monday announced the arrival of a draft budget law for fiscal 2016 to the Presidency of the Council of Representatives. The Council of Ministers approved, on October 18, 2015, the draft federal budget for the 2016 law, the total expenses amounting to 106 trillion dinars and a projected deficit of 23 trillion dinars, almost. SOURCE
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Oil transport and agree on the sidewalks of Khor Al-Zubair management mechanism and confirm: Asian labor transfer will provide $ 140 million
10/26/2015 0 Comments
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Ministry of Transport announced on Tuesday, its agreement with the Ministry of Oil on the arrangements for the management and operation of three berths at the Khor al-Zubair, and three other Cree clean, with attention to their quest for Asian labor transfer oil fields aircraft to provide $ 140 million annually.
This came during the first joint meeting between the ministries of transportation and oil, today, in the Oil Training Center, in the presence of Sirma Baqir al-Zubaidi and Adel Abdul-Mahdi, and the pillars of the two ministries, according to a statement Media Office of the Ministry of Transport, received the (long-Presse) a copy of it.
Bureau reported in his statement, that "the agenda of the meeting included discussion of management and operation of three docks in the port of Khor Al-Zubair contract, by the Ministry of Oil, for the importation of petroleum products", noting that "the oil minister said that the joint meetings solidified relations and unite visions between the two ministries where The ministry has already practiced with the Ministries of Trade and Industry and Minerals, and have had a positive echo in problem-solving. "
The statement added that "working with the Ministry of Oil has great specificity in terms of the rehabilitation of the sidewalks of petroleum products as well as on the subject of Asian labor, Chinese, especially transport, across the Iraqi Airways, which will provide at least $ 140 million annually, and the profits that will achieve for the company."
The statement pointed out that "the two sides discussed the subject of Cree and cleaning sedimentation basins in sidewalks Khor Al-Zubair (9, 10 and 11), and qualify to work in the supply of petroleum products for the benefit of the Ministry of Oil," pointing out that "the participants discussed the subject of Iraqi Airways aircraft equipped with fuel allocated to it and support, by the Ministry of Oil. "
It pointed out that "the two sides discussed further cooperation between the two ministries by opening a fuel station in Baghdad's airport for the Ministry of Oil to provide aircraft and wheels for the airport."
The statement said that "the two ministries agreed to hold further meetings to increase cooperation between them, as well as support the project of the Ministry of Oil in the operation of the Ministry of Transport vehicles dual system of fuel gas and gasoline to reduce the import of oil derivatives, as well as the positive returns to work the gas system in the vehicles and the willingness of the Ministry of Oil to set up stations to provide Gas residential complexes to be established by the Ministry of Transport. "
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