Baghdad The independent politician, Thaer Munir Al-Zubaidi, called on the Minister of Finance and the Sumo Company to disclose the differences in the exchange of amounts due to the rise in the price of a barrel of oil and to announce the figures transparently.
He said in a press statement that the price of a barrel of oil, especially Basra oil, has exceeded $70, and the exported oil’s revenues have now exceeded $45 a barrel, on which the financial budget for the current year was built.
Al-Zubaidi added that the difference between the two prices is large and clear, and it is necessary to reveal the amount of the differences and where they are spent, especially in light of the economic conditions in the country.
He explained that it is necessary to deal with these differences in a way that guarantees covering the deficit and supporting necessary projects of economic benefit to be a new resource for future budgets.
Source: National Iraqi News Agency