Iraq and the International Monetary depend $ 43 oil in the budget of 2017

The number of visits: 197 Published on: 10/9/2016, 21:59 Published by: Messenger of Delphi

Iraq and the International Monetary depend $ 43 oil in the budget of 2017

Select Finance Minister Hoshyar Zebari on Saturday, with the negotiating team of the International Monetary Fund, the price per barrel of oil in the year 2017 budget of $ 43 instead of $ 35.

The Finance Ministry said in a statement that "regular consultations between Iraq and the International Monetary Fund concluded, on Thursday evening, in the Jordanian capital, Amman, after the agreement of the parties on the implementation of the Stand-By program as a first stage of the negotiations, as well as to review Iraq's financial obligations and made government actions in advance of the standards calendar economy local, "indicating that" the conferees agreed to a review of financial statements and rationalize costs and increase some of the non-oil resources to support the country's budget. "

She added that "the discussions included a review of the draft federal budget for 2017 Act and identified during which the price of a barrel of oil at $ 43 instead of the proposed price in the draft law to be an export capacity of crude oil is three million and six hundred thousand barrels per day," pointing out that "the meeting decided to continue the talks and consultations until next October in Washington. " The Cabinet decided in the (twenty-eighth of August) identify speculative price for a barrel of oil in the draft federal budget law set at $ 35 due to the instability of world prices.