Parliamentary Finance: Iraq is moving to reduce the 2015 budget by $ 4.3 billion

Parliamentary Finance: Iraq is moving to reduce the 2015 budget by $ 4.3 billion

01/19/2015 14:40 GMT

Parliamentary Finance - Iraq is moving to reduce the 2015 budget by 4 billion dollarsFollow-up – and babysit – the Finance Committee in the Iraqi parliament on Monday said it had lowered the country’s 2015 budget by about five trillion dinars to $ 4.3 billion due to a decline in world oil prices and reach down below $ 50 a barrel.
By the end of last year, the Iraqi cabinet approved the 2015 budget, estimated the size of the spending by 123 trillion dinars 105.48 billion deficit of up to 23 trillion dinars $ 19.7 billion, up the price of a barrel of oil, which was adopted by the budget $ 60 a barrel.

M.a

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