Newborn: very few investment budget to the provinces
{Baghdad: Euphrates News} description Saad al-Hadithi, a spokesman for the prime minister's office investment budget to the provinces in the next year's budget as "very few".
He said Sabri told {Euphrates News} on Friday that "investment projects in very few budget next year due to the financial crisis faced by the country as a result of lower oil prices."
He added that "the provincial allocations from the general budget relies on service projects that you need ratios, and projects and it reached the advanced completion rates. "
The member of the Committee of Economy and Investment parliamentary olive Hussein stressed earlier on the need for cooperation of the public and private sectors; for the advancement of the Iraqi economy.
The draft showed that the ministry proposes to balance the size of 113.5 trillion Iraqi dinars {99.65 billion dollars} with a deficit of $ 29.4 trillion dinars {25.81 billion}.
draft budget showed that operating expenses 83 trillion dinars, and expenses of investment of 30 trillion dinars.
and adopted the budget price of $ 45 a barrel project, and assume the continuation of the agreement concluded in 2014 with the Kurdistan region of Iraq on oil revenues.
It is said that House of Representatives continues to read it 2016 budget law at its .anthy h