Parliamentary Finance: Rising oil prices will be dealt with all the economic problem
Parliamentary Finance: Rising oil prices will be dealt with all the economic problems in the country
Views 11 Date 05/01/2016 - 12:46
Economy News / special
Parliamentary Finance Committee confirmed that high oil prices will be dealt with all the economic problems in the country
Said committee member Majda al - Tamimi in an interview for "Economy News", that despite the rise in oil prices , but it has not yet reached the Maneptgeh, the fact that the federal budget is based on the price of a barrel of oil to $ 45
Tamimi pointed out that the increase in oil prices positive effect because the more oil prices rose , the more the Iraqi state revenues and was able to cover investment and service projects and operating expenses and to provide job opportunities for citizens.
She also said high prices will be dealt with all the economic, financial and service problems in the country
It was futures trading for crude International benchmark Brent price of $ 47.21 a barrel at 1329 GMT , up three cents from the previous settlement price to lie near the level of $ 47.59 a barrel reached in earlier.