Parliamentary Finance: $ 40 oil in 2017 and the budget deficit rate of 20%
[Special Oan-]
parliamentary Finance Committee revealed that the government set the budget for fiscal 2017 on the basis of the price of a barrel of oil to $ 40.
He said the Commission decision of Ahmed al - Haj, told all of Iraq [where] a copy of it, that " the 2017 budget deficit remains at around 20% identified with the government for the price of a barrel of oil on the basis of $ 40 that reduces the deficit ratio slightly, compared with the budget of 2016 , which set the price of a barrel on the basis of $ 45. "
he predicted" not affected grades budget in 2017, but there is follow - up and audit conducted by the Office of financial supervision about taking a staff of more than salary has been checked three ministries in this regard and the process is ongoing as part of Iraq 's agreement with the international Monetary Fund. "
for his part, Committee member Ahmed Sarhan, for [where], that " the budget deficit in 2017 will remain for the continuation of the same financial crisis with oil prices stay low and will be next year 's budget a replica of the budgets of 2015 and 2016 with a slight difference in the infiltration of the numbers or the amount of oil exports."
He noted that "leaks confirm that he has been calculated by the price of a barrel of oil in the budget of 2017 on the basis of 40 dollars was the amount of exports itself be 3.6 million barrels per day, as well as the deficit of at least 20 trillion dinars , which is comparable to previous years."
he added , "the costs of operational staff salaries and others will remain as they are, would be paid on time and can not be delayed and the government will continue to pay the salaries. "
He pointed Sarhan that" the delay in providing the government final accounts of the budgets of previous years is the legal and constitutional violation and the reason for this is due to the lack of strict supervision and lack of legal accountability , "noting," the authorities multiple control is not as effective as required and not negligent and penal laws accountable and there is no there daring the official accountability for negligence because of nepotism and clientelism. "
The parliamentary Finance member, for" not optimistic of imports of state - of - sectors other than oil in accordance with the reform of the government 's plans because of the lack of practical application promises and words. "
It is scheduled that the cabinet will discuss in its meeting, Aom Tuesday, the draft general financial state budget law for 2017, after taking drafted by the Ministry of Finance on Wednesday.
the Prime Minister said Haider al - Abadi through chaired the meeting of the crisis cell yesterday that the government is seeking to deliver budget bill to the House of Representatives 10 next September before.
the Abadi , during the meeting , "the importance of raising the efficiency of the use of the estimated revenue for the year 2017, towards securing salaries and wages and salaries of retirees and insurance payments of social protection network and the ration card, and emphasis was placed on the perpetuation of the war requirements to achieve the final victory over the Daesh gangs. "