Activate the "industry" & "investment" to overcome drop in oil & impact on '16 Budget
Activate the "industry" and "investment" to overcome the drop in oil prices and their impact on the budget in 2016
Special - scales News - He stressed the economic and investment commission in Parliament member Mohammed Abbas, Sunday, that the activation of the industry and increase investment sector the best solution to overcome the drop in oil price crisis and its impact on the financial budget for 2016.
Abbas said L / scales News / that "most of the Gulf states and Israel is dramatically and" my intention "to reduce oil prices to impact on Iraq's economy, as happened during the past few months as Iraq and class basis deliberately in the financial budget on the sale of oil," noting "The reforms undertaken by Prime Minister Haider al-Abadi reduce and cut a lot of officials, including the expenses of the three presidencies will work to fill some of the budget deficit."
He said a member of the economic and investment commission in Parliament that "the decline in oil prices great form in addition to the large number of wars against al Daash terrorist all of these will work on attrition financial budget for 2016," revealing at the same time that "the best solution to get out of this problem is the activating of agriculture private sector and industry as well as increased investment in the country. "
It is said that "the parliamentary finance committee revealed, earlier, for" or having "to introduce strict procedures for all the budgets of state institutions in the budget of 2016" .anthy 29/9 P