The Cabinet did not approve the budget and will hold an emergency meeting her next Thursday

The Cabinet did not approve the budget and will hold an emergency meeting her next Thursday

Tuesday, 16 December / 1 December 2014 14:22

The Cabinet did not approve the budget and will hold an emergency meeting her next Thursday[Baghdad-where]

Deputy for the National Alliance, said, “The Cabinet meeting ended today without recognizing the financial budget for 2015″.

He said Hussein al-Maliki told all of Iraq [where] that “the decline in world oil prices below $ 60 prevented the approval of the Council of Ministers of the budget.”

He pointed out that “The Council decided to hold an emergency meeting next Thursday to reconsider the budget after a drop in prices.”

The cabinet may hold a hearing today to discuss the report of the Special Ministerial Committee to prepare the budget after adjusting the impact falling prices and the possibility of previously approved.

The price of a barrel of Brent crude oil today has seen a decline to below $ 60 for the first time since 5 Snoat.anthy 2.

alliraqnews.com