Abstract

The oil income considers one of the important essential finance to the state budget and any defect effects on this source will have great impact on the budget , as well as the general; budget of the state becomes connect with prices and petrol productions value , changes on the petrol prices as speculations , economical and political elements , the cost of one oil barrel since beginning of 2015 which reach 50 USD for one barrel , which has great impact on the general state budget as being the revenues will be decrease or low of the exportation of petrol , which are the main source of development and management process of all the state sectors . the research deal with the state budgets for different years and it has been notified the big value of running expenditures comparing with the big values of investment expenses , the huge expenditures resulted from the huge public sector . The decrease of petrol prices and what resulted impacts on the general budget required put obligatory procedures able to decrease these impacts , and keeping on the work process in all state sectors , these procedures should whether to decrease the value of general expenditures or increase the state incomes in order to overcome the low in petrol prices

DOI:10.52113/6/2015-5-1/1-55