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 A parliamentary committee reveals huge imports of oil derivatives that are not registered in the budget DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

A parliamentary committee reveals huge imports of oil derivatives that are not registered in the budget

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 A parliamentary committee reveals huge imports of oil derivatives that are not registered in the budget Empty A parliamentary committee reveals huge imports of oil derivatives that are not registered in the budget

Post by claud39 on Sun Jun 07, 2020 9:32 am

 A parliamentary committee reveals huge imports of oil derivatives that are not registered in the budget


06/07/2020



 A parliamentary committee reveals huge imports of oil derivatives that are not registered in the budget 21298







Economy News _ Baghdad



On Sunday, the Labor and Social Affairs Committee revealed imports of "oil derivatives" that are not registered in the draft general budget bill, noting that their imports exceed $ 6 billion annually.

Committee member Fadel Al-Fatlawi said in a press statement seen by Al-Iqtisad News that the government had not registered oil derivatives as part of the general budget’s imports, noting that “had it been registered, we would have been able to contribute to filling the financial deficit in the draft budget.”

He added that "the financial imports from the oil derivatives that the Petroleum Products Company sells through the stations to the citizens exceed $ 6 billion annually."

Al-Fatlawi added, "The cabinet should have a clear view of the imports that are not recorded and not included in the structure of the general budget," wondering about "the fate of the money and its going to the unknown?"

It is noteworthy that the prices of a barrel of oil have decreased since the outbreak of the Corona virus, which led to fears of the impact of the decline and lack of revenue on the budget of Iraq for the current year 2020 and was affected by the operational budget and the salaries of government employees and retirees.





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