Parliamentary Finance exclude prepare a supplemental budget in the next year

09/19/2016


BAGHDAD / JD / .. ruled the parliamentary finance committee, to prepare a supplementary budget next year to balance in 2017 when high oil prices, saying that the excess money will be recycled into the coming years.

A member of the committee MP Ahmad Haji Rashid told / KD / The supplementary budget are inserted as in financial management and public debt law but does not exist in the draft federal budget law, because the revenue, whether oil or non-oil government can not get it complete.

He continued, "therefore any amounts in excess of the estimated amount of either going on to the next years or distract income at a final because the law defines any income federal will pour treasury State on the grounds the oil price in the budget, my guess is it is not necessarily that oil is sold in the same exact price has sold more than this or less , so it is in the case of high oil prices in the next year will rotate surplus money to the coming years. "

It is said that there Bertfat world oil prices forecast through 2017, making the government pay to think about changing the price of oil specified in the federal budget of US $ 35 to $ 43 a Brmel.anthy / 8 /


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