Showing posts with label Finance. Show all posts
Showing posts with label Finance. Show all posts

Sunday, 5 January 2014

The Largest Stock of Global Imports 8 Million Liters of Fuel Per Day

Baghdad / Iraq News Network: attributed the decision to the Commission on oil and energy parliamentary Qassim Mohammed Qasim Hmokhta Iraq continues to import petroleum products for domestic consumption due to the lack of refineries and conquer the actual need of the country

And said Hmokhta "The mismanagement and neglect and corruption are the real reasons behind the delay in the implementation of the refineries, four in ( Kirkuk, Karbala, Nasiriyah and Maysan), which was expected to begin implementation of a year ago, meet the local need of petroleum products in the country.

Thursday, 2 January 2014

Economic Parliamentary Confirm That The Government Will Send a Budget to The House of Representatives Next Saturday

Tomorrow's Press / Baghdad confirmed the Economic Committee in the House of Representatives, on Thursday, said the government will send a general budget bill to parliament next Saturday, noting that it is estimated at 150 billion dollars, of which 60% of the operating budget and 40% of the investment deficit of between $ 20-25 billion dollars. 

A member of the Economic Commission MP Khalil Mahma for "tomorrow's Press," "The government has informed the House that it would send the federal budget for the year 2014 on Saturday after the completion of modifications and changes in it," he underlined that "Parliament will be in front of a national task in order to avoid all problems for the adoption of the budget as soon as possible.

Iraq's Oil Exports Rise to More Than 72 Million Barrels Over The Past Month

Tomorrow's Press / Baghdad: Oil Ministry announced on Thursday for Iraq's oil exports rise to more than 72 million barrels and revenue increased about seven billion dollars over the past month.

He said ministry spokesman Assem Jihad for "tomorrow's Press," that "Iraqi oil exports for the month of December last amounted to 72,000,574 barrels and an average of 2.341 million barrels per day, compared to November which exports amounted to a 71.43 million barrels and an average of 2,000,843 barrels every day. "

Wednesday, 1 January 2014

Linking The Budget Five Year Plan to Support Investment

BAGHDAD (the news) .. Said economic expert Majid picture, the need to link the annual budget of the state five-year plan for economic development to support and develop the movement of Iraqi investment. 

Said the picture (of the Agency news): that the Iraqi constitution and the law, financial management, public debt, emphasizes the need to link the annual budget of the government’s plan of economic development, noting that it is the beginning of the change until now is not tied budget development plans.

Continued: It is known that the development plans issued after four or five months from the beginning of the year, where the plan was executed in 2010 in the fifth month of the year and the plan in 2013 after four months , noting that this period is evidence that he does not have any indication of a link budget development plans.