Parliamentary Finance: The government has developed effective solutions to address the budget deficit

[yota691]

Parliamentary Finance: The government has developed effective solutions to address the budget deficit

17/03/2015 10:03 | Number of Views: 3216

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Direction Press / Private

He stressed the parliamentary finance committee member Abdul Qader Mohammed, on Tuesday, on the need to examine all avenues to find possible solutions to overcome the financial crisis faced by the country as a result of the general budget for the 2015 deficit.

Mohammed said in an interview for "direction Press" stressed that the crisis that has hit Iraq and of the large deficit in the budget weighed heavily on all state facilities projects and investments and others that require the preparation of an extensive and comprehensive information about the cause of this deficit and ways to study for treatment, adding that the government has developed solutions effective to address this deficit.

He added that most of the countries that suffer financial problems in the budget may not be dealt with in a short period due to the ongoing volatility in global oil markets if this state is completely dependent on oil, such as Iraq, noting the need to search for alternatives for oil, stressing that the high oil price and recovery can not be relied upon because of my time and is subject to the vagaries of the global market.

The MP for the mass citizen Habib Terminal, said in a previous federal budget for 2015 as fill budget gaps.

 

The Terminal, in a press statement that the budget is facing a big problem of instability in the price of oil which is placed on the $ 60 and this is an acceptable measure of prices that have been developed by the neighboring oil-producing countries, but oil imports account $ 60 provides 80 trillion dinars, thus there is more than 25 deficit trillion dinars, in addition to him the difference between the price of a barrel to $ 60 and what it is today, a deficit of $ 50 last. "

He added that the budget deficit for this case up to half of which is very dangerous.

 

[Big_J]

[txdinargirl]

Ok, so let's see it already. Quit talking about it and just do it.

[sandfly]

THANKS