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Finance Committee confirms that the end of June will be the date for calculating oil savings


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Finance Committee confirms that the end of June will be the date for calculating oil savings

Translated by Iraqdirectory.com - [6/15/2011]

The Finance Committee in the House of Representatives announced on Monday that the end of June will be the date for calculating oil savings achieved over the last six months of this year.

A member of the Committee, Faleh Al-Sari, in a press statement said that "the rising global oil prices, which amounted to about $ 100 per barrel during the past six months, provide savings for Iraq and it will be calculated as the end of June," adding "there are no programs that cannot exchange it for the through these savings in addition to those that were placed in the budget. "

"The gain of 20 percent of these savings would be exploited for small businesses and create jobs for the unemployed."

http://www.iraqdirectory.com/DisplayNews.aspx?id=16012

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END OF JUNE----SEEMS LIKE ALOT OF THINGS HAVE TO DO WITH THE END OF JUNE

Yes and after reading Scooters chat I fully understand that if it does not happen in June, very very likely by July 10th.

Scooter never gives a date, but does a great job of explaing the significance of world deadlines. :):D:)

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