15 Hrs
Source:
وكالة بغداد اليوم الاخبارية
Finance Committee details oil reserve and export costs
The article discussed the confirmation by the Parliamentary Finance Committee that Iraq guarantees employees' salaries and has a Central Bank reserve covering the fiscal deficit. It also highlighted an improved economic situation and increased oil export rates. Additionally, it noted that the United States has allowed oil to pass through the Strait of Hormuz, while Iran has not yet permitted it. Companies are taking responsibility for oil exports, deducting between $15 and $30 from the barrel price. The report also emphasized that the economic situation is beginning to improve thanks to oil sales and better export sources.
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