Parliament refuses to reduce the price of a barrel of oil in the budget


 money and business

Economy News _ Baghdad

Announced the second deputy speaker of the House of Representatives Bashir Haddad, on Tuesday, the lack of intention of the House of Representatives to reduce the price of a barrel of oil in the general budget for 2019, while referring to the formation of a joint committee between the government and parliament to amend the budget.

“The House of Representatives does not intend to approve a proposal to reduce the sale price of oil barrels in the state budget to $ 50 instead of $ 56,” Haddad said in an interview with the official newspaper “Al Sabah”.

Haddad added that “calculating the price of a barrel in the budget of less than $ 56 will put us in a lot of problems.”

And on the share of the Kurdistan region in the budget, Al-Haddad, “the formation of a joint committee between the government and parliament to amend the budget and include the observations of the region in the discussions taking place between them, and the parties, whether the center or the region to abide by what is provided by the Constitution and laws.”

The Deputy Speaker of the House of Representatives to “the continuation of the region to negotiate with the political blocs and the government of the Center in order to reach a share that can satisfy the parties taking into account the political and economic conditions of the country.

http://economy-news.net/content.php?id=14612

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