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Member of the parliamentary Economic Committee, said Qusai Ali that "speculative funds to the General State budget for next year 2014 worth [120] billion dollars."
Ebadi said "there will be financial abundance in 2014 because earnings in the first half of this year amounted to 79 billion dollars from selling crude oil revenues, budget monitoring parliamentary Finance Committee's 120 billion dollars." Ebadi was ruled out a budget next year by the low volume of oil exports, indicating a default budget deficit from 10 to 15 billion dollars and the deficit paid off part of loans from the International Monetary Fund, "he said, adding" we will not fear this financial deficit. "member of the Economic Committee pointed out that" financial budget estimated on the basis of the price of a barrel of oil and the quantity of production ", adding that" deficit can be covered by default providedAt oil and not afraid to balance the Iraqi State remains up to now in safe mode. "the oil imports about 95 percent of Iraq's budget, but so far the country has no law to regulate its affairs after the failure of the House of representatives of the previous and current sessions to pass the oil and gas law, which was expected to carry the oil actually be adopted. the International Monetary Fund predicted in July that Iraq achieves economic growth this year by 9 percent after the high volume Oil exports, while balancing the federal Iraq this year 2013 which was approved by Parliament in March last [118] and [600] million dollars.
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Ebadi said "there will be financial abundance in 2014 because earnings in the first half of this year amounted to 79 billion dollars from selling crude oil revenues, budget monitoring parliamentary Finance Committee's 120 billion dollars." Ebadi was ruled out a budget next year by the low volume of oil exports, indicating a default budget deficit from 10 to 15 billion dollars and the deficit paid off part of loans from the International Monetary Fund, "he said, adding" we will not fear this financial deficit. "member of the Economic Committee pointed out that" financial budget estimated on the basis of the price of a barrel of oil and the quantity of production ", adding that" deficit can be covered by default providedAt oil and not afraid to balance the Iraqi State remains up to now in safe mode. "the oil imports about 95 percent of Iraq's budget, but so far the country has no law to regulate its affairs after the failure of the House of representatives of the previous and current sessions to pass the oil and gas law, which was expected to carry the oil actually be adopted. the International Monetary Fund predicted in July that Iraq achieves economic growth this year by 9 percent after the high volume Oil exports, while balancing the federal Iraq this year 2013 which was approved by Parliament in March last [118] and [600] million dollars.
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