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Zubaidi confirms that the preparation of the budget in 2010, assuming the price of a barrel of oil to $ 60 "

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Zubaidi confirms that the preparation of the budget in 2010, assuming the price of a barrel of oil to $ 60 "

(صوت العراق) - 21-07-2009 (Voice of Iraq) - 21-07-2009

The name of God the Merciful

Relations Service and Information
Ministry of Finance
Baghdad

The President of the Economic and Finance Minister agency Baqer Jabr Al-Zubaidi, the problem is that the strategic balance of 2010 assumed the price of 60 dollars "per barrel of crude oil exported in accordance with extensive readings of world markets was expanded during the meeting which lasted more than four hours and was attended by Messrs. Minister of Oil and Electricity , Science and Technology, Industry and Minerals and Construction, Housing and Commerce Agency, Mr. Secretary-General of the Council of Ministers and the Governor of the Central Bank of Iraq and head of investment advisers and the chief of the Council of Ministers and a number of consultants and specialists in the ministries of oil, and municipal planning, education and finance.

The President of the Economic Commission and the agency that the process of evolution in the export of Iraqi oil, which is expected to reach 2.15 million barrels per day, "as well as to maximize the resources of other state taxes and customs and the rest of the productive sectors of the State contributes significantly to supporting the federal budget, which will contribute significantly support the investment budget, which will be important achievements at the level of advancement of projects and services in the governorates of Iraq.

It was during the meeting to discuss the study prepared and labeled (on the preparation of budget forecasts 2010), which hubs they contain important targeting the issue of support from the federal budget through a range of measures taken by the State.

Summarized the meeting for a number of proposals to bring books to ministries indicate what directions to each ministry to reduce expenses in addition to the ministries of finance companies to demonstrate the self-economic vision of those companies and ask the House to pass a set of laws, most important of the law of customs tariff and other laws of the economic capacity and speed up the sale of Real Estate and the State ordains as the decision of the Commission for this purpose the problem and speed up the granting of vacation leave and the fourth mobile Fifth 3G.

The emphasis on reducing operational costs and reducing the amounts going to the investment budget of each ministry or to the sectors of environment, health and education, refer to the plan of the Ministry of Commerce regarding the ration card and invited consultants to submit a paper summarizing the orientations of the State in support of the private sector.

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