by Ponee Sun Feb 01, 2015 10:18 am
BAGHDAD / Obelisk: The president of the Minister for Economic Affairs Advisor to the appearance of Mohammed Saleh, on Saturday, that the general budget for the current year painted a new strategy for the expenses, with the adoption of the budget price of $ 56 per barrel of oil has been described as "unrealistic". He said that "oil is a commodity and consumer strategy in addition to the material it is the conflict between the countries," he said, adding that "it determines the price of oil, today, are the major consumers, and there is no one party controls the identified". "The international oil companies suffered losses worth $ 400 billion of investments because of the continuing decline in world oil prices," pointing out that "the global markets currently live stage long positions that buy cheaply on hope selling price of the most expensive and this is something that will reflect positively on the market." In a related context, Saleh said, "to build the state budget for the current year at a price of $ 56 per barrel is realistic, and the average price of the outcome him in oil prices during the current year," he said, adding that "the budget painted a new strategy that is not calculated expense unless they affect the goals and check purpose. " Saleh pointed that "the financial policy of the Iraqi scissors good scissors and efficiently so that about budget items into goals", stressing the need to "be rational expenditure and blowing to achieve its purpose."
http://tinyurl.com/lcxfebd2015-02-01
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