Finance: We will meet to determine the speculative price for the sale of a barrel of oil

Sunday 30 August 2015


Revealed the Ministry of Finance, Sunday, she will meet with stakeholders to identify speculative price for the sale of a barrel of oil within the budget year 2016, saying it monitors oil prices.

He said Undersecretary Fadel prophet told the "Qurtas News", "The Ministry of Finance set up a specialized committee to the numbers of the budget year 2016," pointing out that "the Committee in coordination with the other committees of the Ministries of Planning and oil and also the Finance Committee in the House of Representatives will set the foundations for the budget."

Prophet said that "the most prominent of the courses to be discussed by the Commission is to identify speculative price for the sale price of a barrel of oil," noting that "The ministry can not decide alone speculative price, especially with the fluctuations in world prices."
Prophet affirmed that "The ministry monitors oil prices and studied with the relevant committees in the ministry," adding that "the ministry is seeking to accomplish the budget as soon as possible."


http://www.alqurtasnews.com/news/120062/المالية-سنجتمع-لتحديد-السعر-التخميني-لبي