Member of the Finance Committee: The 2021 budget will be passed without a deficit in this case

Member of the Finance Committee: The 2021 budget will be passed without a deficit in this case

2021-07-31 | 04:17

Member of the Finance Committee - The 2021 budget will be passed without a deficit in this caseAlsumaria news

A member of the Parliamentary Finance Committee, Jamal Cougar, confirmed today, Saturday, that the financial budget for the current year will be passed safely and without a deficit in the event that global oil prices continue to exceed the level of seventy dollars per barrel.

And he said puma In an interview with Alsumaria News, “The extent of the budget deficit directly depends on global oil prices, and the closer this number is to what is proven in the budget, the real deficit will be large and as it is proven speculative and is reflected in a negative impact on the economic level,” noting that “the prices If it rises to higher numbers, then this will reflect positively on the level of deficit.”

. added puma“Oil prices globally, as long as they remain as they are currently, are above the level of seventy dollars per barrel Iraq It will be in a secure economic situation, and the 2021 budget will be passed without any deficit, God willing.”

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