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Parliamentary Finance: fictional figures in the budget and far from reality

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Rocky


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Parliamentary Finance: fictional figures in the budget and far from reality




2015/11/16

Finance Committee in the House of Representatives described, on Monday, the figures contained in the budget "Balkhialah" and far from reality, and while confirming that the oil sales estimates are not consistent with the production and the price of global sales, pointed out that the non-oil imports is not realistic and it is up to five trillion dinars at best.
The committee member said Masood Haider in an interview to the (long-Presse) that "from my point of view that the figures budget is fictional and far numbers from reality," noting that "oil revenues based on the export of 3.6 million barrels of Iraqi state can not export more than three million barrel".
Haider added that "Iraq sell its oil at a price of $ 40 per barrel of oil and must guess on the basis of 40 instead of $ 45," pointing out that "oil imports, according to export up global oil prices between 50-51 trillion dinars roof."
Haider stressed that the "non-oil imports to end the month of August 2015 reached a trillion and 200 billion Iraqi dinars It is possible that up to two trillion dinars and in the best cases up 5 trillion dinars It is difficult to reach the 15 Trliuna".
The Presidency of the Council of Representatives of Iraq ended, in November 10, 2015, in the 35th legislative term of the first year the second legislative session first and second reading of the five laws, notably the financial budget for next year 2016.
And was a member of the Parliamentary Finance Committee, Haitham al-Jubouri, said in his own social networking site (Facebook), that the draft budget law includes several paragraphs that make up the "laughing on the chins" Kt_khasisat support crop of wheat and rice, and the pension fund of state employees, and the crowd popular.
The Iraqi Council of Ministers approved, on Sunday (19 October 2015), the financial budget for the coming year 2016, B113 trillion Iraqi dinars and a deficit of 30 trillion dinars.

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