Parliamentary oil refuses to increase fuel prices in the budget law
Parliamentary oil refuses to increase fuel prices in the budget law
2023-04-09 05:21
Shafaq News/ The Parliamentary Oil and Natural Resources Committee announced today, Sunday, its refusal to increase the tax and prices of oil derivatives in the general budget law for the year 2023.
Committee member Sabah Sobhi told Shafaq News agency, “The Parliamentary Oil and Natural Resources Committee rejects any increase in the prices of oil derivatives in the budget law, and that any increase in prices will affect the poor class and employees who receive lower salaries.”
He added, “The Oil Committee will hold a meeting with the Parliamentary Finance Committee to discuss the articles and paragraphs of the budget law and work to cancel the tax imposed on oil derivatives and keep the prices of oil and its derivatives unchanged.”
Article 42 of the Federal Budget Law for the year 2023 states the following:
First: Fees are collected according to the percentages listed below, and a final revenue is entered into the public treasury:
a. Percentage (5) of the revenues of gasoline sales per liter
B. (10%) of the proceeds from sales of gas oil (kerosene) per liter
c. (1%) of the proceeds from sales of black oil
Dr.. A rate of (15%) on one liter of imported fuel, which is sold directly through car filling stations.
Iraq maintained its 11th rank in the world among the countries in the world with the cheapest fuel prices (gasoline), according to the global petrol prices website.
The website said in a table for April 2023, seen by Shafaq News Agency, that “Iraq maintained its 11th rank in the world with the cheapest gasoline in the world among the 170 countries listed in the table, after it maintained the price of gasoline sold locally at 514 cents per liter during a month.” current April.
shafaq.com
