House of Representatives gives the green light for the government to exchange the light of the income received


House of Representatives gives the green light for the government to exchange the light of the income received
2015 17 12
MP for the National Alliance Haitham al-Jubouri, Thursday, the House of Representatives to grant the green light for the government to exchange the light of the income received, indicating that the reduction of oil prices, used by some countries in the Organization of Petroleum Exporting Countries to put pressure on other countries hostile to them.

Jubouri said that "the House of Representatives to grant the green light for the government to be spending on income received as much, and not to intervene in many commitments with a real guarantee for salaries as the most important for the State."

He said al-Jubouri, that "the decline in oil prices impact negatively on Iraq's budget," noting that "control over these prices outside the will of Iraq, a subsidiary of OPEC policy that interfere in some respects."

He said al-Jubouri, a member of the parliamentary finance committee member, to "bring down prices used by some in OPEC to put pressure on some of his anti countries such as Iraq, Iran and Russia that depend most of their budgets on the source of crude oil."

He continued, "The president of OPEC predicted the past two days that these prices go up in 2016 between 4 to $ 6, and, if achieved, it would be a good step toward providing the Iraqi budget."

Oil prices have fallen dramatically and gradually to reach Brent prices to less than $ 40 per barrel after touching these prices to $ 116 per barrel at the beginning of 2014, which has a negative impact on the overall budget for Iraq.

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