Zebari: We seek to reduce the budget deficit to 30 trillion dinars

Zebari: We seek to reduce the budget deficit to 30 trillion dinars

Friday 05 December 2014

Zebari - We seek to reduce the budget deficit to 30 trillion dinarsFinance Minister Hoshyar Zebari revealed the ministry’s intention to reduce the general budget for 2015 to 120 trillion.

He explained Zebari said in a press interview 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. Zebari He guessed that the general budget progress soon to the Council of Ministers, and then to House of Representatives for approval early next year. ”

He also stressed the commitment of the ministry at a price of $ 70 a barrel in the general budget. and on the recent agreement between Baghdad and Erbil to solve the problem of oil exports, Zebari considered that the agreement represents a framework to solve problems on the budget, and “the export of oil and entitlements of the Peshmerga, which is fighting terrorism, as part of the security system, “he said, adding it was” the first time that the commitment of the federal government to support the salaries and benefits of the Peshmerga happen. ”

alqurtasnews.com