Government moves to counter the drop in oil prices
BAGHDAD - morning
and stood Supreme religious authority of the new in a row reforms, refusing to circumvent them under the pretext of «the auspices of the constitutional path».
Coinciding with the government began moves to new offset lower sale of crude oil revenues in international markets, revealed the Ministry of Planning for failure Include 2016 any budget allocations to initiate new projects, despite the monitor 29 trillion dinars to complete the task service projects.
Certified Supreme religious authority in Karbala, Sheikh Abdel Mahdi al-Karbalai said in his Friday sermon from the saucer-Husseini, yesterday: «should run reforms paths does not depart from the constitutional frameworks and legal, but must also emphasize that it should not take unnecessary care of the constitutional path and legal way by the legislature or other to get around the reformist steps or procrastination to carry out exploitation of waning public pressure at this time ».
He said« check the reform process, which he described as »necessary», linked to the action of the three authorities, the real action in this regard. » As part of the reform steps to address the decline in the sale of crude oil prices in world markets, the complexity and the Ministry of Planning on Monday expanded conference to identify projects that will be implemented within the next year's budget.
The Council of Ministers approved, in October, the draft federal budget for the 2016 law, the total expenses amounting to 106 trillion dinars and a projected deficit of 24 Trliuna.
ministry spokesman Abdul Zahra al-Hindawi said in a statement »Sabah»: The «investment side allocations in the budget amounted to 29 trillion dinars, specialty ongoing projects that have reached an advanced completion rates, especially that he has not been the development of any investment project within the budget », pointing out that« the total amount of the benefits of ongoing projects is estimated at 129 Trliuna, distributed between the budgets of the coming years ».
Economically, too, considered the finance minister, Hoshyar Zebari, with officials in the tax authority's financial difficulties faced by the country due to low Big oil prices and its impact on the efforts being made to provide basic supplies to the citizens of Iraq's resources ».
According to a parliamentary source» Sabah », the government's measures include increased taxation and activate the tariff and sales tax.
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