Kurdish lawmaker: 2016 budget Atkvl to improve the financial situation in the country

2015/12/19 10:51

{Baghdad: Euphrates News} MP from the Kurdistan Alliance Hoshyar Abdullah, on Saturday, the general federal budget for 2016 Pantanha Atkvl to improve the financial situation in the country.

Said Abdullah told {Euphrates News} Today, that "approving the budget so quickly is an achievement," adding that "the financial situation of the Iraqi state is now very bad, and the law of the budget is for the distribution of wealth according to the sales of oil."

He added that "the budget will not improve the financial condition of the country will ensure better living conditions, but is a legal example to secure the exchange.

"The sound of the House of Representatives Minutes usual last Wednesday, on the draft federal budget for fiscal year 2016.

The estimated value of the federal budget for the fiscal year revenue in 2016 the amount of 81 Trliuna, and 700 billion, and 803 million, and 138 000 dinars, depending on the calculation of the price of oil export rate at $ 45 per barrel, with an average export of $ 3 million, 600 thousand barrels per day, including 250 000 barrels of crude oil quantities in the Kurdistan region, and 300 000 barrels through the Kirkuk province.

The budget has allocated an amount of 105 trillion and 895 billion, 22 million, and 619 000 dinars for the expenditures for the fiscal year 2016, while the total deficit Trliuna 24, and 194 billion dollars, and 919 million people, and 481 000 Danar.anthy 1 hit