The Prime Minister’s Adviser for Economic Affairs revealed a plan to set two prices per barrel of oil in the draft budget budget for 2020.
Abdul Hussein Al-Hanin said in a press statement that “the government will deal seriously with the decline in oil prices and there is a tendency to make the budget at two oil prices, the first is fixed and may not exceed 30 dollars per barrel, and in this part of the budget will be met the basic requirements that are essential.” .
He added, “As for the moving price, each amount of a barrel will be more than 30 dollars in any period of the fiscal year in which it will deal in a proportional manner with other requirements depending on the change in oil prices.”
He explained that “this method is based on the programs and projects and represent an advanced state to prevent wastage and a large part of corruption” .anthy
Ammar al – Masoudi