News about the 2015 budget

Cabinet discusses the budget next Tuesday after agreeing to increase oil exports



Date: 13/12/2014 16:01


Economic Adviser to the Prime Minister announced the appearance of Mohammed Saleh, Saturday, for the budget presentation in the Cabinet meeting to be held next Tuesday after agreeing to increase oil exports to compensate for lower prices.

Saleh said in a statement to the Agency / information / "There are many points that were disruptive hinder Send a ministerial committee tasked with preparing a budget to the Council of Ministers."

He added that "the Commission is nearing completion and it is hoped that the budget presented in the next meeting of the Council of Ministers to be transferred later to the parliament for approval."

Saleh said that "this was offset declining oil prices by agreeing to expand oil exports to the maximum possible energy over the next year and the elimination of many of the unnecessary expenses and social benefits."

The Cabinet announced earlier for the formation of a ministerial committee to amend the budget and the adoption of low oil prices in order to avoid the preparation of continuous decline, which may cause the budget deficit. "


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Parliamentary Finance: 2015 budget will be passed without Barriers


Date: 13/12/2014 16:47

Parliamentary Finance Committee considered, Saturday, that the 2015 budget next year will pass without Barriers, as happened in the current year budget.

The committee member said Sirhan Ahmed told / information /, that "next year's budget will be easily passed because there are a variety of reasons the most important of the correct reading and advisement by the prime minister in addition to that there is consensus and agreement of Parliament to pass, as a result of the awareness that there is no winner of the delay in the budget." .

"The convergence of views between the political blocs in the moment Add the urgent need for the country to all the things that money will accelerate the adoption of the budget next year."

He Ahmed said "political rapprochement recent agreement reached between the governments in Baghdad and Erbil, will impact on the course of approving the budget and avoid Almarqlat that occurred in the previous period, which led to disruption of approving the budget for the current year and pay people the taxes and introduced the country's major financial crises."

He was an economic advisor to the Prime Minister the appearance of Mohammed Saleh announced on Saturday, for the budget presentation in the Cabinet meeting to be held next Tuesday after agreeing to increase oil exports to offset the decline Alosar.


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Parliamentary Finance Committee charged with preparing the budget will determine the price of a barrel to $ 60


Date: 13/12/2014 18:37

I expected the parliamentary Finance Committee, the Sabbath, and the resolution of the Committee of Ministers Council of Ministers price of a barrel of oil in the 2015 budget of $ 60 during Tuesday's session coming after the recent drop in oil prices.

The committee member said Abdul Qader Mohammed told / information /, that "there are many deliberations raised within the Council of Ministers and charged with preparing the budget within the Committee of Ministers to adopt a low price for a barrel of oil."

"The volatility in prices and continuous decline and the search for other imports to balance prevented raise Commission budget to the Council of Ministers."

And member of the Finance Committee that the "ministerial drafters have become convinced that the adoption of the barrel price of $ 60 is the most appropriate and the budget will be presented at this price, according to our expectations."

The office of Prime Minister Haider al-Abadi announced Saturday (November 29) that the Council of Ministers formed a ministerial committee to determine cut expenses all ministries in order to reduce the deficit budget in 2015, and between the Commission will submit its recommendations within a week to address and reduce Almtouka.


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