Abadi adviser: Iraq is passing through Mali, warning assertion ability to pay salaries difficult
Abadi adviser: Iraq is passing through Mali, warning assertion ability to pay salaries difficult
2015/12/21 10:24
[Baghdad – where]
the appearance of Mohammed Saleh, an economic advisor to Prime Minister Haider al-Abadi, Iraq is going through a [financial warning said.
And Saleh, in a press statement, said that “the current phase had to be ready for any emergency,” adding that “what must now do is to maintain the financial sustainability within the priorities that include defense of the homeland, and to support the security forces and the crowd, as well as the staff’s about seven salaries million employees fend them all four people means they represent the majority of people, in addition to the health sector, education, and social welfare.
“and about the ability of the state to pay the salaries of staff, explained that” the assertion that subject is currently difficult, and the exile is not true but the state is keen to provide salaries, “pointing out that” the government is planning to day and night for the worst.
“Saleh pointed out that” The oil ministry continues to present serious negotiations with the oil investment companies to agree on a formula that will postpone some of the entitlements of those companies.
“He stressed The “Iraq is not required at the present time any one of those companies,” noting that “the price of oil at the signing of contracts for those companies was exceed $ percent and are currently around $ 33,” adding that “the decline in world oil prices strategy game will end one day and come back situation as it was.
“The House of Representatives has approved in its meeting last Wednesday of next year’s budget in 2016 with a total expenditure of more than 105 trillion and 890 billion dinars deficit accounted for 22.8%.
The total revenue which 81 trillion and 700 billion dinars formed oil revenues, of which 69 trillion and 773 billion dinars The increase of 85.1% of total revenues.
The non-oil revenues amounted to more than 11 trillion and 927 billion dinars The increase of 13.6% of total revenues.
and formed the current expenditures [operating] a salary and other more than 80 trillion dinars, and increase of 76% [of total expenditures 105 trillion dinars] while the capital expenditures of more than 25 trillion dinars, and increase of 23.8%.
It is noteworthy that, oil price Barnett posted on Monday, down below the level of 36 dollars for the first time in more than 11 years, as a result of renewed fears of an oversupply of oil in the world markets with production survival around the world at or near the high levels as standard in addition to the approaching entry of new oil supplies from Iran and the United States market.
The oil minister, Adel Abdul-Mahdi, has announced the absence of the debt of oil to foreign companies operating in Iraq, “he said to “review the oil licensing rounds with these companies for decades,” .anthy
alliraqnews.com