Determine the price of the dollar in the 18-pound 2020 budget



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Edit: Reuters
March 28, 2019 – 09:49 pm

Dollar - archive photo

Dollar – archive photo

The government has set the price of the dollar at 18 pounds in the budget proposal for the next fiscal year 2019-2020, which begins July 1. It has reduced the support for petroleum materials to 52.8 billion pounds in the draft budget for 2019-2020. $ 3.06 billion), or about £ 89 billion in the current year's budget and the price of a barrel of oil at $ 68 in the new draft budget.
The dollar price for the current fiscal year was 17.25 pounds, before the government brought it to 18 pounds in the semi-annual report released in February.

"What was approved by the cabinet in the next fiscal year, it's 18 pounds for a dollar and 68 dollars for the price of a barrel of oil so far," said a source, a minister Ministerial Economic Group.

The price of a barrel of oil in the budget for the current fiscal year $ 67, before the government changes to $ 74,

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