Bayati unlikely to achieve a financial surplus in the current year budget revenues

Bayati unlikely to achieve a financial surplus in the current year budget revenues

13-08-2013 11:45 AM

unlikely to achieve a financial surplus in the current year budget Baghdad (news) .. Ruled out a member of the Finance Committee MP / coalition in Iraq / Hassan Auzmn Bayati, achieving a financial surplus in the revenue of the current year budget due to lower exports of Iraqi oil. Bayati said (of the Agency news): that the budget of the year (2013) showed the opposite of what is expected to her, where she was is likely to witness a financial surplus considerably after that was built on the basis of price of a barrel of oil at 90 dollars at a rate of exports of 2.9 million barrels of oil per day. said: that the decline, which got an average oil exports during the first half of the current year as a result of acts of sabotage, which affected Some line networks export, especially in the northern fields has given an indication that the current year budget devoid of surplus and perhaps get disability financial in the event of continued decline in oil exports. , and had expected the Finance Committee parliamentary since the adoption of the budget in 2013 to achieve a financial surplus significantly during the current year, but due to the drop global economic growth, which led to a lack of demand for oil in the world markets, making its price is heading downward, as well as that of Iraqi exports were not planned within. / End

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