Parliamentary Finance: so far not agreed on the price of a barrel of oil in the budge
Parliamentary Finance: so far not agreed on the price of a barrel of oil in the budget of 2017
Views 14 Date 09/24/2016 - 21:32
Economy News / Baghdad ...
He said the parliamentary finance committee member Masood Haider said the cabinet did not agree so far to determine the rate to the price of a barrel of oil in the draft general budget of the federal law in 2017.
Haider said in a statement that "the budget did not respond to the parliament so far because the Cabinet is still discussing the options available did not agree on the rate to the price of oil after the final," noting that "Parliament will brief on the general outlines of the budget after its ratification by the government."
"The state budget will be only theoretical and numbers totally far from the reality of the situation, noting that" the parliament the power to reduce expenses and transfers within the budget to the most priority sectors in accordance with the Constitution. "
And on the Ministry of Finance agreement with the International Monetary Fund to determine the price of $ 43 per barrel of oil in the budget, he said he "did not reach the Council of Ministers any official letters so both in the budget bill or a supplement to it."
The Cabinet last month approved the final revision of the draft of the general budget for the financial year 2017 Act.