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Mazhar Muhammad Salih: There is no fear of fluctuating oil prices for the budget

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Mazhar Muhammad Salih: There is no fear of fluctuating oil prices for the budget

money and business
Economy News - Baghdad

On Sunday, the economic advisor to the Prime Minister, Mazhar Muhammad Salih, dispelled fears of the impact of oil price fluctuations on the budget.  Saleh said,

"There is no fear for the budget from fluctuating oil prices,

because in the current reality it managed for half a year,

but its approval will require additional expenditures during the second half of this year."

Saleh added, in an interview with the official newspaper, that

"the expenditures will increase from now on, and

those expenses will be covered from oil and non-oil revenues, and

any financial deficit can be remedied through internal and external borrowing."
Views 187      Added 06/25/2023 - 4:46 PM

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