Zebari: trying to cut the budget to 30 trillion dinars
Zebari: trying to cut the budget to 30 trillion dinars
06/12/2014 (00:01 pm)
Baghdad term / Press
Detection Hoshyar Zebari, Minister of Finance, on Friday, about the intention of the ministry reduce the general budget for 2015 to 120 trillion, adding that the ministry is serious about reducing the budget deficit to 30 trillion dinars through a review of its provisions with the Ministries of State, and the search for domestic sources to reduce the deficit rather than foreign borrowing.
While he stressed the commitment of the ministry at a price of $ 70 a barrel in the general budget, confirmed the existence of the desire of the federal government to normalize relations with the region.
Zebari said in an exclusive interview with the (long-Presse), said that “for the study of the budget committee on a daily basis to hold meetings and technical meetings with all Ministry and Authority in the state in order to reduce the fiscal deficit existing budget, “pointing out that” the Commission is fighting a debate now with six to seven ministries in order to review their budgets in order to provide the budget end of this year to the parliament. ”
He guessed Zebari “provide general budget soon to Council Ministers and then submitted to the House of Representatives for approval at the beginning of next year. ”
The Minister of Finance that “there is a large deficit in the budget requires us to rationalize spending in order to be accepted and be under the roof of 30 trillion dinars because the current figure for the deficit of 47 trillion is too large,” noting that “the ministry looking for internal sources to reduce the deficit rather than foreign borrowing.”
Zebari said that “the general budget for 2015, the volume before a reduction is 155 trillion dinars, and we want to be reduced to 120 trillion dinars,” he said, adding that “the reduction will focus on the part of the budget investment and some of the projects and some other things. ”
The Minister of Finance that “there is debate about the calculation of the price of a barrel of oil in the budget between 60 to $ 70,” following up “We are committed to a price of $ 70 a barrel for the expected increase in oil prices because of the winter.”
And in budget 2014, Zebari stressed that “this budget does not exist and will provide a financial statement after that comes to us the final accounts for the end of this year, which will show disbursements and expenses and how they spent and what aspects of exchange.
On the recent agreement between Baghdad and Erbil to solve the problem of oil exports, between Zebari “The agreement represents a framework to solve problems on the budget and the export of oil and accruals Peshmerga fighting terrorism as part of the security system, “referring to it as” the first time that the commitment of the federal government to support entitlements and salaries of the Peshmerga happen. ”
Zebari said that “the two sides sit down to be all financial matters settlement between parties to the federal government and the region, “stressing” the political will of the new government to implement the relations with the region. ”
The oil minister Adel Abdul Mahdi, announced on 13 November last concurred with the President of the Kurdistan Regional Government on the federal government to transfer $ 500 million for the region, Between The agreement ensures that the Government of the Territory put 150 thousand barrels of crude oil per day at the disposal of the federal government.
almadapaper.net
