Parliamentary Finance reveals to / NINA / the details of the proposal to change the price of a barrel of oil in the budget from the dollar to the dinar

Tuesday 30, March 2021 16:48

Baghdad / NINA / The Parliamentary Finance Committee revealed the details of the proposal to change the price of a barrel of oil in the draft General Budget Law 2021 from one dollar to a dinar. "The change of the price of a barrel of oil in the draft General Budget Law 2021 from the dollar to the Iraqi dinar is not much different and is not an obstacle,"

said a member of the committee, MP Muhammad al-Shabaki, in a statement to the Iraqi National News Agency ( NINA ).

He added, "Changing the price of a barrel of oil is $ 45, equivalent to about 65,000 Iraqi dinars. It does not differ technically, and constitutionally is the best because it is a national currency." A barrel of oil is in dollars or dinars. "

He explained that "

And on the proposals to change the exchange rate of the dollar in the draft budget bill, a member of the Parliamentary Finance Committee confirmed that "Parliament has not received any official response from the government so far."

Parliament was unable to resolve the outstanding differences in the draft budget law after the Presidency of the House of Representatives decided that the voting session on the draft budget law would take place on Sunday evening, given the continuing discussions on the draft budget law and the need for final formulations of the articles of the budget bill.

https://ninanews.com/Website/News/Details?key=896191