Abadi: Iraq's resources fell by 60 percent

Acknowledged Iraqi Prime Minister Haider al-Abadi, on Saturday, that the resources of the country fell by 60 percent, calling to reduce the deficit in the fiscal budget for 2016.

Abadi was speaking during a meeting on Saturday, with the head and members of the Parliamentary Finance Committee in the presence of First Deputy Speaker Sheikh Hamoudi.

According to a statement of the Prime Minister's Office he said: "He underlined that the constructive dialogue between the government and the House of Representatives that would overcome the problems and challenges, particularly in the preparation of the general budget of the country's process because the real resources of the country fell by 60 percent and the government budget preparation so that reduce the deficit to the limits acceptable, which was introduced in the inclusion of budget items.