Urgent infallible approve the 2017 budget law
10/1/2017
18:02
[Oan- Baghdad]
endorsed President Fuad Masum, on the financial budget of the federal State for 2017 Act
A statement by the Information Office of the Presidency of the Republic received by all of Iraq [where] a copy of it, that infallible approved the financial budget law for 2017 voted by the House of Representatives earlier in accordance with the provisions of subsection [first] article [61] and item [III . ] article [73] of the Constitution.
He explained that the office initiated this law in order to approve the general budget of the Federal Republic of Iraq for the fiscal year 2017 referring to the sent for publication in the Official Gazette
The House of Representatives approved on the seventh of December last on the budget for Iraq in 2017, more than 79 trillion dinars size [$ 68 billion] and the value of the total deficit of $ 21 billion.
And select the price of a barrel of oil of 42 dollars the law, and the rate of export of a daily rate of three million and 750 thousand barrels, including 250 thousand from the Kurdistan region of fields, and 300 thousand from the Kirkuk fields.
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