Abadi’s adviser: reduction of expenses in the budget of 2016 and other delete unnecessary

Abadi’s adviser: reduction of expenses in the budget of 2016 and other delete unnecessary

2015/10/17 19:06

Abadis adviser: reduction of expenses in the budget of 2016 and other delete unnecessary[Baghdad-where]
the appearance of Mohammed Saleh, an economic advisor to Prime Minister Haider al-Abadi said on Saturday, that there is a reduction in the budget of 2016, and that the omission had been for unnecessary expenses. ”
Said Saleh told all of Iraq [where] that “the 2016 budget will be discussed tomorrow in the special session of the Council of Ministers where gives his opinion in, and then go to parliament, noting that” the budget will go toward reducing expenses.
“” It will be some expenses reduce the necessary change my budget. ” .
It is noted that due to the Council of Ministers held on Sunday an extraordinary session to approve the draft financial budget for the financial year 2016. Law
The Ministry of Finance has announced that in 16 of last September it a draft 2016 budget handed over to the Council of Ministers for approval as published in its official website copy of the draft, but the Cabinet decided earlier in the formation of a committee to investigate how the leak of this draft to the media.
According to the draft budget that the total expenditure of more than 113 trillion dinars, which is low by about six trillion dinars from the budget last year, which was 119 trillion dinars The percentage 2016 budget deficit amounted to 26.5%, or about 30 trillion dinars.
as reported by the Ministry of Finance accounts slightly higher deficit next year’s budget in 2016 by 1.5% from last year’s budget in 2015, which was of 25%, has calculated the revenues derived from the export of crude oil on the basis of price rate of 45 dollars per barrel and the rate of export of 3.6 million barrels per day, including 250 000 barrels per day of product quantities of crude oil in the Kurdistan region and 300 000 barrels of crude oil quantities of the product by the province of Kirkuk, and that all revenue actually a final revenue of the public treasury of the state to account .
She draft budget that speculative revenue for Iraq from sales of oil for the next 2016 an estimated $ 59 billion is equivalent to 83% of federal budget revenues.
According to figures contained in the draft that the oil revenues and mineral wealth is estimated at 69 Trliuna and 773 billion and 400 million Iraqi dinars, equivalent to about 83% of the total revenue conjecture 84 trillion dinars and add to it Estimated amounts obtained from the loans and the other to cover the deficit in the budget.
This is equivalent to oil revenues, the value of the dollar 59 billion and 130 million Dolar.anthy

alliraqnews.com