Budget next year 174 trillion Iraqi dinars, and the rate of export of 3.4 million barrels of oil per day

Finance Committee: budget next year will amount to 174 trillion Iraqi dinars, and the rate of export of 3.4 million barrels of oil per day

25-09-2013 08:41 AM

Iraqi DinarBaghdad (news) .. A member of the Finance Committee MP / coalition in Iraq / Hassan Auzmn Bayati, for determining the budget in 2014 of $ (174) trillion Iraqi dinars placed on the export of oil at three million and 400 thousand barrels per day. Bayati said (of the Agency news): The Several meetings were held between the Ministries of Finance, Planning and the participation of a number of members of the Finance Committee, experts and advisers local and international to determine the strategy of the budget in 2014. added: it was determine the size of the budget by 174 trillion Iraqi dinars, the largest in the budgets of the history of Iraq, laid out on the basis of price per barrel of oil in global markets (90) dollars, with an average export of three million and 400 thousand barrels of oil per day. pointed to: that this budget will enter the country dilemma and dangerous economic disaster large, it is difficult to reach the export rate of more than three million in the light of the challenges and controversies between the center and the Kurdistan region who abstain from paying oil revenues (250) thousand barrels exported daily from the province. continued: as well as the problem of pipeline Kirkuk Turkish port of Ceyhan, which is almost stalled as a result of targets repeated that exposed the pipe, which issued through it up to (650) thousand barrels per day, calling on the government to create economic vision in determining the size of the next budget, taking into consideration the worst possibilities, so as to avoid a large country’s economic problems. / End