23 February 2017
Baghdad/ National Iraqi News Agency / Nina / The Commander in Chief of the Armed Forces, Prime Minister Haider al-Abadi, confirmed that the oil prices are still below the required level.

He said at a news conference today that, according to the expectations of the international oil companies, the oil prices will not go up, but in 2019-2020."

Al-Abadi added that the oil price is still below the required level to cover the deficit in the federal budget, noting that there are financial allocations that can not be reduced from it them, to support the security and military forces and the salaries of retirees and social safety nets and provisions for agriculture and the ration card" .

© National Iraqi News Agency 2017