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Deputy: our observations on balancing 2016

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1 Deputy: our observations on balancing 2016 on Thu Nov 12, 2015 2:27 am


Deputy: our observations on balancing 2016

November 11, 2015

Baghdad/Iraq News Network-counting Deputy Hassan Turan, a Turkmen front oil export rate in the budget bill to 2016 is estimated in the amount of 3.6 million bpd "overrated." Turan said in a press statement on Monday: "our important notes about budget that the estimated price of a barrel of oil is $ 45, given that this price will be fixed income Treasury, as well as the amount of expected daily oil export, as far is exaggerated and that export 3.6 million barrels have no Export outlets meet for this purpose "." as the shapes to export oil between the Centre and the territory must be taken into consideration, in addition to the oil province of Kirkuk [300 barrels] must not only between Baghdad and Erbil in isolation of components maintenance, Ko na don't know how released Kirkuk crude by 2015 and what check petrodollar budget and federal conservation. "Turan" emphasized the importance of focusing on the amount of the expected shortfall and how to alaivaDue to this deficit. "he said that" in the absence of the investment budget we also know how to secure Iraq to new projects and should not forget the absence of ministries and governorates in 2014, 2015 and boosting Baghdad and several provinces sank rainwater. "and asked" How can we find the revenues funded strategic projects such as sewer, water, electricity and drainage on security and budget allocations the ministries of Defense and Interior and the crowd of peoplePHP and tribesmen and the peshmerga, this must be taken into consideration, and we must focus on them and they need time. "and ruled out the possibility of parliamentary legal Committee member approve the budget before the start of the legislative recess of the Parliament in the first of the month of Ka December next, saying" We hope though elusive reckon before the legislative recess, the House ended in its Tuesday, the first reading of the draft budget law 2016. budget revenue estimates by its sender to $ 83 trillion Parliament and 44 billion and 803 million and 138,000 dinars that calculated income from crude oil exports on the basis of the rate capacity of 45 dollars a barrel and an export rate of 3 million and 600,000 barrels of oil a day, including 250 barrels of crude produced in Kurdistan and 300,000 barrels a day of oil through the Kirkuk governorate-source. budget allocated an amount of $ 106 trillion and 165 billion And 720 million and 43 thousand dinars for expenditures fiscal year 2016, with the total deficit planned for the federal budget for the next financial year 22 trillion and 720 billion and 916 million and 908 thousand dinars.

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