$ 82 billion value in 2017 and the budget price of $ 40 per barrel of oil

views 42 08/17/2016

Financial advisor to the Prime Minister Haider al-Abadi, today, revealed that the Ministry of Finance to prepare the 2017 budget, and stressed submitted to the Cabinet for discussion during the month of September, while noting that its value would be about $ 82 billion at a price calculated $ 40 for a barrel of oil.

He said the appearance of Mohammed Saleh, during hosted by the Finance Committee in the House of Representatives session, "The Ministry of Finance has completed the 2017 budget will be presented for discussion in the Council of Ministers during the month of September."
Saleh explained that "the budget amounted to nearly $ 82 billion at a price of 40 dollars of oil calculation,"
adding that "the Cabinet would send the bill to the House of Representatives beginning in October of this year, a month."

He predicted the financial advisor to the Prime Minister that "the budget deficit in 2017 up to about $ 18 billion," stressing that "the budget was drawn according to what has been agreed upon with the International Monetary Fund."

For his part, stressed member of the Finance Committee in the House of Representatives, Haitham al-Jubouri, during the parliamentary meeting host, that "the revenues from non-oil include the departments of Customs and Real State Communications and Media Commission that it is necessary to rise and imports," noting that "the Finance Committee meeting discussed the issue of the Council's budget Representatives High Commissioner for human rights and the Supreme Judicial Council. "

The Iraqi Council of Representatives, approved by an absolute majority, through its 45 of the first legislative term of the second legislative year, which was held in the (16 December 2015), headed by Salim al-Jubouri, and the presence of 242 deputies, in the coming 2016 budget by 105 trillion and 800 billion dinars, the share of the Kurdistan region, of which 17 percent, despite the claim of a coalition of law reduced to 13 percent.