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Continuing Decline Oil Prices In This Way Affect Negatively On Budget.

BAGHDAD / NINA / MP, from the Ahrar bloc, Awad al-Awadi confirmed that "the continued decline in global oil prices, in this way, affect negatively on the current year's budget of the country."

He told the National Iraqi News Agency / NINA / "The government has sent the budget after the vote by the Parliament on the basis of the price of a barrel of oil to $ 60, but the price of a barrel continuous decrease daily until it reached less than fifty dollars," adding that this matter will affect clearly on the state budget ".

He added that, "returning the budget to the government is out of the question according to a specific time period not exceeding five days for amendment."

The head of the House of Representatives, Salim al-Jubouri directed to include discussion of the draft budget law for all acts of parliament sessions tables until approval ./ End

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Publication:National Iraqi News Agency
Date:Jan 8, 2015
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