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Saleh determines the point of equalization and balance of the oil budget DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Saleh determines the point of equalization and balance of the oil budget

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Saleh determines the point of equalization and balance of the oil budget Empty Saleh determines the point of equalization and balance of the oil budget

Post by claud39 Wed Feb 17, 2021 3:21 pm

Saleh determines the point of equalization and balance of the oil budget


02/17/2021





Saleh determines the point of equalization and balance of the oil budget %D9%85%D8%B8%D9%87%D8%B1-%D9%85%D8%AD%D9%85%D8%AF-%D8%B5%D8%A7%D9%84%D8%AD-%D9%85%D8%B3%D8%AA%D8%B4%D8%A7%D8%B1-%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1







The information / Baghdad ..



The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed, on Wednesday, that the break-even point or balance in the budget requires that the average price of a barrel of oil be at least $ 75-80.

Saleh said in an interview followed by the information, that "the break-even point or balance in the budget requires that the average price of an annual barrel of oil exported abroad be at least $ 75- $ 80 a barrel." The sources of borrowing to fill the budget deficit are mostly canceled automatically.



He added, "The government benefits from the current high oil prices, which have reached more than what was written in the budget, especially with the country heading to closure again," stressing that "this will lead to strengthening the country's financial leverage to face the problems of social need."



Deputies are likely to witness the end of this week the vote on the budget in the House of Representatives after the Finance Committee completed it and is awaiting the results of the region’s delegation meetings to prepare the text for the region’s share in the budget.


 End / 25



https://www.almaalomah.com/2021/02/17/521055/
claud39
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