The operating budget deficit for the past three months amounted to $ 700 million
The operating budget deficit for the past three months amounted to $ 700 million
11/04/2015
BAGHDAD / JD / .. announced the oil and energy parliamentary, the fiscal revenue derived from oil sales for the last three months amounted to $ 3 billion, as pointed out that the operating budget for the first quarter of the current year deficit of $ 700 million.
A member of the committee MP Zaher al-Abadi told / BD /: the size of the fiscal revenue derived from oil sales for the last three months amounted to $ 3 billion, indicating that the operating expenses during the first quarter of the current fiscal year amounted to (3.7) billion, which means The operating budget where the fiscal deficit is estimated at 700 million dollars.
He added that the investment budget for the current year will be disabled in light of the continued decline in global oil prices, warning of a severe financial crisis in the country is difficult from which to provide for the state employees’ salaries in the event of continued decline in oil prices and the absence of solutions and plans effective. / End / 8 /
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