Why the price of $ 45 a barrel adopted in the budget?

12/31/2015 13:19

BAGHDAD / Obelisk: revealed an MP for the coalition of state law Huda carpets, Thursday, about the reasons for the adoption of the price of a barrel of oil to $ 45 in the budget of 2016, while the state sold $ 32, while confirming that the ratio of the real budget deficit of more than 50 trillion Iraqi dinars.

The carpets in the statement he followed "obelisk", "The 2016 budget passed the House of Representatives on the basis of calculating the price of a barrel of oil dollars to 45 and a deficit of 24 trillion Iraqi dinars," noting that "the real budget deficit in 2016 is more than 50 trillion dinars."

She carpets, that "the reason for the adoption of the price of a barrel of $ to 45, while the state sells at $ 32, is because states would refrain from Aguetradna whenever the deficit increased in the budget and considered Iraq is unable to prepare its budget properly, and therefore would abstain IMF for granting Iraq a loan or financial assistance if the deficit ratio is high in the budget, and therefore Parliament gave the proportion of non-real for the budget deficit. "

It is said that the House of Representatives, in a voice (December 16, 2015) by a vote of those present on the draft budget law for fiscal 2016 valued at more than 105 trillion dinars, and a deficit of more than 24 trillion dinars, considered on the basis of the price of a barrel of oil to 45 dollars.