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Finance Committee: the end of June will be the date for calculating oil savings
Date: Mon 06/13/2011 8:54
Baghdad (news) .. announced the Finance Committee in the Iraqi Council of Representatives that the end of June will be the date for calculating oil savings achieved over the last six months of this year.
A member of the Committee MP for the National Alliance Faleh in effect told the reporter Agency (news) today, said the rise in world oil prices, which amounted to about $ 100 per barrel during the past six months, a boy and a savings of Iraq will be calculated as the end of June, confirming the existence of programs that can is the exchange through these savings in addition to those that put in the budget.
He said the gain of 20 percent of these savings would be exploited for small enterprises and create jobs for the unemployed.
Iraq has calculated the price per barrel of oil according to the current year's budget to $ 76 and a half dollar and global oil prices rose to more than one hundred dollars. Iraq has suffered each year when preparing the budget to a deficit in its budget because of the increasing income available to compilers. / Finished / (5. T. M)
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Date: Mon 06/13/2011 8:54
Baghdad (news) .. announced the Finance Committee in the Iraqi Council of Representatives that the end of June will be the date for calculating oil savings achieved over the last six months of this year.
A member of the Committee MP for the National Alliance Faleh in effect told the reporter Agency (news) today, said the rise in world oil prices, which amounted to about $ 100 per barrel during the past six months, a boy and a savings of Iraq will be calculated as the end of June, confirming the existence of programs that can is the exchange through these savings in addition to those that put in the budget.
He said the gain of 20 percent of these savings would be exploited for small enterprises and create jobs for the unemployed.
Iraq has calculated the price per barrel of oil according to the current year's budget to $ 76 and a half dollar and global oil prices rose to more than one hundred dollars. Iraq has suffered each year when preparing the budget to a deficit in its budget because of the increasing income available to compilers. / Finished / (5. T. M)
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