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And described the Finance Committee in the House of Representatives to adopt price of 90 dollars for a barrel of oil in the general budget of the country's 2013 "high risk", likely re-budget to the government by the parliament to reduce them. A member of the Committee MP Faleh Sari said that "the general budget to the public for the coming year which was ratified by the government did not take into account the caution of economic fluctuations in the region and gave the highest price appreciation for a barrel of oil compared with other countries as states the Arabian Gulf or Iran and the rest of the region."
He explained Sari, "This strategy prepared by the government and co-authored the World Bank and the International Monetary Fund and the Finance Committee in the House of Representatives and a large number of experts and specialists for the years 2013 to 2015 focused on the adoption rate (85-86) dollars per barrel with a reservation of some international bodies on This estimate and we were surprised adoption rate higher than that of an increase of 5-6 Dolarellbermal a very big price. "
And between a member of the Finance Committee that "the budget will transform the debate within the House of Representatives, and I expect to raise this matter many of the discussions that may lead to rejection of the adoption of this price and thus re-balancing of the new government for the purpose of reducing Ajzalajamali budget in line with the reduction the new price of a barrel of oil."
The Council of Ministers approved in its Forty-sixth regular on 23 October 2012, a bill the federal budget for 2013 of $ (138) trillion dinars, an increase of 18% from last year.
According to the project that the total federal income amounted to (119.3) trillion dinars were the result of calculating the revenues from export of crude oil at an average price (90) dollars per barrel and export capacity of up to (2.9) million barrels per day, including the quantity produced and exported from the Kurdistan region of the ( 250) thousand barrels per day.
And reduced the Ministry of Finance, the importance of an interception Monetary Fund and the World Bank to raise the price of a barrel of oil in the federal budget, indicating that the addition of five dollars on the price of a barrel came as a result of increased expenses in the budget.
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