The Ministry of Finance, on Wednesday, that the federal budget for the next year 2019 adopted the amount of 55 - 60 dollars per barrel of oil and an export rate of up to four million barrels per day, confirming the continuation of the payment of debt and the benefits of Iraq.
Undersecretary of the Ministry Dr. Maher Hammad Juhan said that "the federal budget has been prepared for the next year 2019, not to be stereotyped, as the general situation of the country changed from the position it was for the past years and there is a great need to be changed or enhanced forms of funding, both the budget or budgets Other forms of financing by borrowing or entering into partnerships or to find outlets for the private sector to work, "according to morning.
He added that "current oil prices help to make these changes, as the budget to be submitted to the Council of Ministers, the price of a barrel of oil exported between (55 - 60) dollars, giving the state a broader scope to strengthen services and expenses.
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Undersecretary of the Ministry Dr. Maher Hammad Juhan said that "the federal budget has been prepared for the next year 2019, not to be stereotyped, as the general situation of the country changed from the position it was for the past years and there is a great need to be changed or enhanced forms of funding, both the budget or budgets Other forms of financing by borrowing or entering into partnerships or to find outlets for the private sector to work, "according to morning.
He added that "current oil prices help to make these changes, as the budget to be submitted to the Council of Ministers, the price of a barrel of oil exported between (55 - 60) dollars, giving the state a broader scope to strengthen services and expenses.
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