Dler Kader: you must specify the price of a barrel of oil without the (90) dollars in the budget (2014) to avoid the fiscal deficit
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Dler Kader: you must specify the price of a barrel of oil without the (90) dollars in the budget (2014) to avoid the fiscal deficit
Admin Sat Aug 03, 2013 9:02 am
| [ltr]03-08-2013 11:38 AM[/ltr] | |
Baghdad (news) .. Advised a member of the Finance Committee MP / Kurdistan Alliance / Dler cant, the federal government determine the price of a barrel of oil without the (90) dollars in the budget next year to meet the slowdown on oil in the world markets, which will lead to lower oil prices in the world. He is capable (of the Agency news): The world's economies are now in a state of depression as a result of the financial crises that hit some European countries led to a decline in demand for buying oil in world markets, and thus will affect the prices. He added: There are expectations of an international constantly declining oil prices in the global markets over the next year, and this requires the federal government and the Ministry of Finance determine the price of a barrel of oil without the (90) dollars in the budget year (2014) to avoid the potential for lower oil prices and increase the budget deficit. He pointed out: that Iraq's budget for financial year (2014) will be the largest in history, where would amount to up to 150 trillion Iraqi dinars, Phi happen decline in oil prices will cause economic disaster for the country. This indicated an international outlook issued by the international organizations that the world will see an economic recession in the coming years, which will lead to a decline in demand for buying oil in world markets. http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sandbox=0&sl=ar&tl=en&u=http://www.ikhnews.com/index.php%3Fpage%3Darticle%26id%3D95684&usg=ALkJrhiQVTLGZk2KGe-9VL9V8XVLUTIqhQ |
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Re: Dler Kader: you must specify the price of a barrel of oil without the (90) dollars in the budget (2014) to avoid the fiscal deficit
Admin Sat Aug 03, 2013 10:37 am
[ltr]Iraq: a recommendation to reduce the price of a barrel of oil in the future [/ltr]
[ltr]
BAGHDAD - Guenarft for Oil and Energy Committee in the Iraqi Parliament, the recommendation to the Ministry of Finance and Planning to reduce price of a barrel of oil in the public budgets for the coming years in order to avoid a sudden drop in the price change from the accounts of the two ministries in the budgets and lead to a deficit in the budget.
Said committee member MP Furat al-Shara, in a press statement on Saturday, the price of a barrel at $ 90 high figure compared to the events and changes that can occur to world prices, in order to avoid embarrassment that can be caused by a decline in prices has raised the Committee's recommendation to the Ministry of Finance and Planning by reducing the price of a barrel of oil in the calculation of public budgets for the coming years.
explained that the general budget for next year has been calculated on the basis of $ 90 and production quantities exceeding two million and a quarter of a million barrels, but the fact that there is a rise in production quantities could happen in the next year, offset by lower prices, stressing the need to put those things in the calculations oil prices due to increased global production quantities or lack of demand for Iraqi crude oil.[/ltr]
http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http://www.q8akhbar.com/&sandbox=0&usg=ALkJrhi34Agox2hIERaQt63NxmDU6qmGfw
[ltr]
BAGHDAD - Guenarft for Oil and Energy Committee in the Iraqi Parliament, the recommendation to the Ministry of Finance and Planning to reduce price of a barrel of oil in the public budgets for the coming years in order to avoid a sudden drop in the price change from the accounts of the two ministries in the budgets and lead to a deficit in the budget.
Said committee member MP Furat al-Shara, in a press statement on Saturday, the price of a barrel at $ 90 high figure compared to the events and changes that can occur to world prices, in order to avoid embarrassment that can be caused by a decline in prices has raised the Committee's recommendation to the Ministry of Finance and Planning by reducing the price of a barrel of oil in the calculation of public budgets for the coming years.
explained that the general budget for next year has been calculated on the basis of $ 90 and production quantities exceeding two million and a quarter of a million barrels, but the fact that there is a rise in production quantities could happen in the next year, offset by lower prices, stressing the need to put those things in the calculations oil prices due to increased global production quantities or lack of demand for Iraqi crude oil.[/ltr]
http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http://www.q8akhbar.com/&sandbox=0&usg=ALkJrhi34Agox2hIERaQt63NxmDU6qmGfw
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