Parliamentary Finance: Amendments to the budget included a reduction in expenses and revenue

{Baghdad: Euphrates News} parliamentary Finance Committee revealed the amendments in the doors of the financial budget for next year, included the reduction of expenditure and revenue.
He said committee member Sarhan Ahmad told {Euphrates News} "The Committee will hold a special meeting to study the proposals before the second reading of the budget law, to arrive at a final version," pointing out that "the discussions and proposals in the coming period will be sharp and large before reaching a final formula and presented to the Parliament ".
"The changes in the law for the budget figures included the reduction of expenditure to the {101} trillion dinars, and the reduction of revenue from {83} {78 trillion to} initially."
On the other hand Ahmed to draw that "the region's budget remains have not been making any adjustment to the allocation of the region's {17%} of the general budget of the country."
The House of Representatives ended its session held regular Sunday to discuss the draft federal budget for fiscal year 2016 Act.
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.