Finance: proportion of the budget next year deficit of 26.5%, up slightly from 2015
Finance: the proportion of the budget next year deficit of 26.5%, up slightly from 2015
Wednesday September 16 2015 | 02:17 evening
BAGHDAD / ... According to the Ministry of Finance accounts slightly higher deficit for the 2016 budget next year by 1.5% from last year's budget, which in 2015 was of 25%.
According to the draft budget published by the ministry on its official website that pursued "Eye Iraq News", that the total expenditure of more than 113 trillion dinars, which is low by about six trillion dinars from the budget last year, which was 119 trillion dinars.
And recorded a budget deficit next year, the proportion of 26.5%.
The Ministry of Finance has calculated the revenues derived from the export of crude oil on the basis of the average price of $ 45 a barrel Aluahd.anthy 1