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Amer Al-Jawahiri to / Nina /: The budget deficit will not end easily with the rise in oil prices

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Amer Al-Jawahiri to / Nina /: The budget deficit will not end easily with the rise in oil prices Empty Amer Al-Jawahiri to / Nina /: The budget deficit will not end easily with the rise in oil prices

Post by RamblerNash Thu Nov 11, 2021 10:14 pm

Amer Al-Jawahiri to / Nina /: The budget deficit will not end easily with the rise in oil prices 938550-80161820-26ae-48e8-8276-4cb2e2bff81e
Thursday 11 November 2021 11:25

Baghdad / NINA / - The consultant in industrial development, industrial cities and investment, Amer Al-Jawahiri, confirmed: "The budget deficit will not end easily with the rise in oil prices."

Al-Jawahiri said in a statement to the National Iraqi News Agency ( NINA ): "We must not rely too much on the rise in international oil prices in light of the desire of oil-consuming countries, after the increase in their gasoline prices in particular, to take certain measures."

He added, "When prices are $70 and above, it is possible to address the hypothetical deficit by reducing unnecessary expenses and the multiplicity of salaries and aliens, through the rule and enforcement of the law that reduces the loss of public funds."

He pointed out that: "Whatever the price of a barrel of oil in the next budget, the deficit will not end easily, but there will be a low deficit that we hope will continue to rise in prices, by ending it in future budgets."/ Ended 3

https://ninanews.com/Website/News/Details?key=938550

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