Najiba Najib: non-oil revenues through the budget in 2017 is the highest over the past years

Wednesday, November 30, 2016 - 13:27 GMT

Confirmed member of the Committee of Economy and Investment parliamentary Najiba Najib, Wednesday, that the percentage of non-oil revenues the budget of the Federal 2017 is the highest over the past years, while suggesting that the loans are within the budget, amounting to more than 22 trillion dinars will be allocated mostly for investment projects.

She said Najib "," The non - oil revenues derived from the production companies and factories and border crossings in the budget amounted to 11 trillion dinars , which could be considered as top over the previous years , "noting that" the problem lies in the application of non - oil revenue figures, fact that we know very well that the previous budgets it also developed a non - oil imports, but the best conditions did not exceed 7 trillion dinars , actually. "

She said Najib, that "there is a focus during the budget to increase non - oil revenues and expand the scope of work of the private sector and investment through the development of materials required to buy local products by government institutions and prevent the import of products manufactured locally , " pointing out that " the budget included support projects through payment on credit within the time periods of not less than three years. "

She continued, "The loans are within the budget, amounting to more than $ 22 trillion dinars will be allocated mainly to investment projects such as road construction or completion of services and projects stalled."

Source