Economist: Failure to approve the budget leads to a random exchange that harms the national economy

Economist: Failure to approve the budget leads to a random exchange that harms the national economy



2018/2/3 21:06

(Baghdad: Al-Furat News) The economist said Abdul-Hassan al-Shammari that "not to approve the federal budget leads to a random exchange that harms the national economy."

Al-Shammari told the {Euphrates News} today that "the failure to approve the federal budget during the month will lead to arbitrary disbursement that will harm the national economy in addition to impeding the process of the upcoming elections."

He added that "some forces are putting pressure on the state for its partisan interests, especially the Kurds, and they have not paid their oil and border ports to the federal authority." He added that "the most affected by the successive governments are the sons of the oil-producing provinces."

He added that "oil has become a political commodity and not economic for the control of the major countries of the oil producing countries and therefore we must warn that the oil prices are falling from time to time and rise somewhat and may fall below the 50 In this case will be Iraq economically and the budget will not be completed."

He pointed out that "the price of the barrel was set in the federal budget for 2018 at $ 46 per barrel, which is very good," pointing out that "it was better to be below the 46 to ensure a surplus to be included in the supplementary budget in August next lead to build the country investment.

"If the budget is not approved this month, it will block the path of the state and run for elections," he said

http://alforatnews.com/modules/news/article.php?storyid=158972