Baghdad MP of the Kurdistan Democratic Party, Dana Al-Katib, said that the high price of oil is important to overcome the salary crisis and to build a comfortable budget.”
Al-Katib told the National Iraqi News Agency (NINA) that the rise in the price of a barrel of oil between $ 55 to $ 60 would be better for building a comfortable budget with some reforms and reducing expenditures to end the salary crisis, which has become a crisis.”
He added the continuous increase will save money for the investment budget and the development of the provinces, on the condition of some reforms and reducing unnecessary expenditures.”
It is noteworthy that oil prices are witnessing a rise during the current period due to the encouraging news about Corona vaccines in particular and the increase in global demand.
Source: National Iraqi News Agency