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Hassan Turan: the amount of oil and fill the budget deficit anonymous exports rate
11/11/15
MP for counting Turkmen Front Hassan Turan, the rate of oil exports in the draft budget law for fiscal 2016 estimated the amount of 3.6 million barrels per day "exaggerated".
Tauran said in a press statement: "We have important notes about the budget, including the estimated oil price of $ 45, considering that this price will be a specific public treasury of revenues, as well as the amount of export forecast of oil per day, and as I know it is overpriced and that the amount of export 3.6 million barrels not There we meet the export outlets for this purpose. "
"It also forms in the export of oil between the center and the region must be taken into consideration, in addition to the province of Kirkuk oil [300 000 barrels] should not be looking only between Baghdad and Erbil in isolation from conservative components, our universe do not know how released Kirkuk oil 2015 and check out what petrodollar to the province and the federal budget. "
Tauran stressed "the importance of focusing on the amount of the expected shortfall and how to fulfill this projected deficit."
He pointed out that "in the absence of the investment budget, we also know how to secure Iraq for new projects and we must not forget its absence for the ministries and provinces in the budgets of 2014 and 2015, Baghdad and several provinces sank rain water."
"How we can find revenue funded strategic projects as projects of sewage, water, electricity and drainage on the security budget and allocations of the ministries of defense, interior and the crowd and popular sons of the tribes and the Peshmerga, this must be taken into consideration, and we should focus it needs time."
He ruled out a member of the parliamentary legal committee the possibility of approving the budget before the start of the legislative recess of the parliament in the first of the month of December next, saying: "We hope that the elusive target of approving the budget before the legislative recess."
The House of Representatives has completed in its, on Tuesday, the first reading of the draft 2016 budget law.
The estimated budget revenues according to law sent to parliament the amount of 83 trillion and 44 billion and 803 138 000 dinars, that is calculated by the income earned from the export of crude oil at a rate of $ 45 per barrel and the rate of export of 3.6 million barrels of oil per day, including 250 000 bpd from product quantities of crude oil in the Kurdistan region and 300 000 barrels per day on the quantities of exported oil through the Kirkuk province.
The allocated budget amount of $ 106 trillion, 165 billion, 720 million and 43 000 dinars for the expenditures for the fiscal year 2016, the total deficit planned in the federal public budget for the next fiscal year amounted to 22 trillion and 720 billion and 916 million and 905 000 dinars.
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