Parliamentary Finance decides to amend the price of a barrel of oil in the 2021 budget

Editing date: 01/26/2021 15:08 • 15 times read

[Baghdad-Where]

A member of the Parliamentary Finance Committee announced today, Tuesday, that the price of a barrel of oil will be adjusted in the 2021 budget.

Representative of the Parliamentary Finance Committee, Jamal Cougar, said: “The Parliamentary Finance Committee decided, in its continuous meetings, to discuss the draft general budget bill, to raise the price of a barrel of oil in the budget from 42 to 45 dollars, and calculate it according to the specified price.”

And between cougars; “This trend of raising oil prices and calculating them in the budget will save the state treasury more than 5 trillion dinars,” noting that “this also contributed to reducing the financial deficit in the budget law.”

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