Adoption of budget price $ 45 a barrel exaggerated lies not achieve in next year

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Saadi: Adoption of the budget price of $ 45 a barrel exaggerated lies not achieve in the next year

Date: 08/12/2015 18:58 13 Show


MP from the National Alliance Nazim al-Saadi, on Tuesday, the adoption price of $ 45 a barrel in the next year's budget in 2016 as a conduit exaggerated, noting that the price of oil was going to fall over and can not achieve this price for the next year.

He said al-Saadi told / information /, that "world oil prices is destined to decline more, while the budget for next year the price of $ 45 per barrel adopted and this is exaggerated and can not be achieved over the coming days a year."

He added that "We have to cut these prices and the adoption of lower prices touches the reality and offer real budget and not just a paper about the consequences of Iraq's large deficit and external and internal borrowing."

The Ministry of Finance estimated the average price of oil in the 2016 budget to $ 45, and the export of 3.6 million barrels per day, while confirming that the budget revenues will amount to more than 84 thousand trillion, 73 billion dinars.

While the parliamentary finance committee is seeking to determine the price of a barrel of oil in next year's budget to $ 40 instead of $ 45 to its proximity to the economic reality witnessed by the global markets. It ended 25 K


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