Dinar Daily
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Join Us for Dinar Discussions and More

Get Daily Updates of the NEWS & GURUS in your EMAIL
CHECK YOUR EMAIL for VERIFICATION

Enter your email address:

Advisor to the Prime Minister: The government may not need to borrow for this reason DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

DINAR INFORMATION LINKS

PARTNER SITES

Advisor to the Prime Minister: The government may not need to borrow for this reason

Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS

Go down

Advisor to the Prime Minister: The government may not need to borrow for this reason Empty Advisor to the Prime Minister: The government may not need to borrow for this reason

Post by claud39 Mon Mar 01, 2021 9:14 am

Advisor to the Prime Minister: The government may not need to borrow for this reason


01/03/2021





Advisor to the Prime Minister: The government may not need to borrow for this reason 26482







Economy News _ Baghdad



The advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed, on Monday, that the difference in the price of a barrel of oil in the budget goes to fill the deficit, and the government may not need to borrow, indicating that developing a supplementary budget remains according to the government's need.

In an interview followed by Al-Eqtisad News, Saleh said that the budget was based on a deficit, meaning that the expenditures are more, and there can be borrowing, but the difference in the price of a barrel of oil today closes the deficit, so there is no need for borrowing, that is, the surplus replaces borrowings.

He added that this difference in the price of a barrel of oil closes the budget deficit, and the government may not need to borrow, noting that this does not mean that there is no final borrowing, but the difference is compensated, and there may be a surplus, and this depends on the stability of oil prices.

And on the existence of a supplementary budget between Saleh, that finding a supplementary budget is not necessary, but remains according to the need of the government and the extent of the strength of the revenues, and whether there are important projects that are deferred that need a supplementary budget. 





claud39
claud39
VIP NewsHound
VIP NewsHound

Posts : 18424
Join date : 2018-11-04

Back to top Go down

Back to top

- Similar topics

Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS

 
Permissions in this forum:
You cannot reply to topics in this forum