************ Ibrahim al-Baghdadi: the completion of the ratification of the budget of the government and parliament

Sunday February 1, 2015 14:12



Alsumaria News / Baghdad
Said National Business Council member Ibrahim al-Baghdadi, Sunday, that the completion of the ratification of the budget is calculated for the government and the parliament, noting that in spite of the existing budget deficit, the approval is much better than the deferred option.

Baghdadi said in a statement, "Alsumaria News" received a copy of "The approval of the budget is an achievement calculated for the government and the parliament," noting that "it was the result of a natural result of the will and the spirit of mutual cooperation."

He said al-Baghdadi "Although aware and knowledgeable specialists deficit in the budget as a result of estimates for the sale price of oil at $ 56, a price higher than the current selling prices, but the consent and approval of the budget for the current status and as a result of going through Iraq from the challenges and needs of the moment, is option is much better than postponed, especially after the recent global reports that predicted the rise in oil prices over the short period of time. "

"The OPEC confirmed what came in the reports that you expect high oil prices, which have expressed optimism that there is a remarkable increase of prices in the coming period."

And the voice of the House of Representatives, on Thursday, (January 29, 2015), the draft federal budget for the current year worth in excess of Al119 trillion dinars and a deficit of about 25 trillion, while assuring Speaker Salim al-Jubouri, after the vote, that Iraq has not seen since 2003 to pass the budget law Federal within one month, praising the efforts of the Council in approval, while the prime minister said Haider Abadi, the law was passed the executive and legislative achievement of the two authorities.


http://www.alsumaria.tv/news/123623/ابراهيم-البغدادي-المصادقة-على-الموازنة-ا/ar