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The parliamentary financial warns of economic crisis ... And next year's budget will be in the new currency

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The parliamentary financial warns of economic crisis ... And next year's budget will be in the new currency  Empty The parliamentary financial warns of economic crisis ... And next year's budget will be in the new currency

Post by ADMIN Sat Aug 11, 2012 2:47 pm


The parliamentary financial warns of economic crisis ... And next year's budget will be in the new currency


Baghdad/Al baghdadia news ... The parliamentary Finance Committee, Saturday, feared the country was economic crisis due to fluctuating oil prices in the world market

Risalat Committee Member said Najib told the news agency/baghdadia, that "given the adoption of State oil revenues by more than 93% of the country's economy means that the legislative guide, any negative change in the world oil prices both rise or decline would affect the economy of Iraq directly."

Najib said, "oil prices declined in recent months as a result of lower oil prices in global markets, noting that when establishing the supplementary budget in the Chamber of Deputies was by 9 trillion and 250 billion, asked the Government to retain the surplus for any future economy faces an".

She explained that "the recommendations issued by the Committee of finance to the Central Bank include issuing new Iraqi currency during the next year, and other recommendations relating to indebtedness upon completion of the new currency."

On the subject of "petrodollar distribution to citizens pointed out Najib" there is text in the budget gives authority to the Government to grant the surplus of oil profits to citizens after issuing instructions from the ministries of finance and planning, banner that delay distribution is due to return supplementary budget to Parliament by the Government. "ended/21. O

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The parliamentary financial warns of economic crisis ... And next year's budget will be in the new currency  Empty Re: The parliamentary financial warns of economic crisis ... And next year's budget will be in the new currency

Post by Kevind53 Sat Aug 11, 2012 4:47 pm

We might not make as much money as we thought, we can't make any changes for the better now .....

The parliamentary financial warns of economic crisis ... And next year's budget will be in the new currency  Skyisfalling

Sheesh!

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