Warned of the increasing budget deficit (2013) Bayati ..: revenue earned during the half year amounted to 35 billion dollars
Warned of the increasing budget deficit (2013) Bayati ..: revenue earned during the half year amounted to 35 billion dollars
05-08-2013 12:56 PM
Baghdad (news) .. A member of the Finance Committee MP / coalition in Iraq / Hassan Auzmn Bayati, said that oil revenues during the half year amounted to 35 billion dollars, not 79 billion dollars, warning of the increasing budget deficit this year as a result of the continuing decline in oil exports. was the Ministry of Oil announced the achievement of revenue (79) billion dollars from oil exports during the past six months. Bayati said (of the Agency news): The central bank provided the Finance Committee, the parliamentary private data for Iraqi oil exports during the first half of this year, reaching revenues of oil exports (35 billion), at a rate of (7.5) billion dollars a month. said: that these revenues came as a result of the low rate of oil exports in the past months, especially from the pipeline Kirkuk Ceyhan, which is exposed to sabotage frequent addition to the occurrence of some of the problems in ports south of export, as well as omission of the Kurdistan region of delivery of export revenues (250) thousand barrels to the center. pointed to: the continued decline in exports will lead to a large fiscal deficit in the current year budget, which was built on the rate of export of 2.9 million barrels, while exports rate current oil did not exceed 2.4 million barrels per day, and when it stopped Kirkuk pipeline will reach 2.2 million barrels per day. / End / 8.’s. m /
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