Baghdad The consultant in industrial development, industrial cities and investment, Amer Al-Jawahiri, confirmed that: The increase in oil revenues will cover the deficit and some major projects.
He told the National Iraqi News Agency (NINA) that the rise in Iraqi oil prices to more than seventy dollars per barrel will cover the deficit of 29 trillion dinars and proceed with some major projects.
He explained that: the improvement in revenues should be preceded by clear plans for optimal investment, and not with a supplementary budget.
Source: National Iraqi News Agency