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Parliamentary oil: high oil prices will be slight and must diversify the sources of income

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Rocky


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Parliamentary oil: high oil prices will be slight and must diversify the sources of income




November 9, 2015 0


Commission on oil and energy parliamentary stressed that the rise in oil prices that has occurred, it will be slightly higher and the money Siderha rise will monitor the operating budget, stressing the need to diversify sources of income and a transom of the budget alternatives.
A member of the committee MP Zaher al-Abadi said in a statement seen by the news agency of our economy that volatile oil prices and the higher prices that would have been a slight to cover the deficit in the budget.
Abadi said that the 2016 budget, like its predecessors divided between investment and employment, and further to the price of oil and the reality of the oil market, the proposed budget is sufficient only operational part is expected in the time that if it is exposed to price decline, the decline will be slight.

Abadi revealed the determination of the government to provide the operating budget and secure the people's livelihood and the salaries of staff, warning of the reality of a more negative if prices collapsed without the fortieth and the growing deficit to more than 26 trillion dinars.

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