Deputy Minister for finance expects a budget increase to 111 billion dollars in the next year

Ali Salman-28/06/2012-6: 42 am | Hits: 8



Iraqi Finance Minister agent predicted that Iraq's budget increase next year to nearly 130 trillion Iraqi dinars, and be based on the price of 85 dollars per barrel of oil exports of 2.9 million barrels a day.

Fazil Nabi told the media that this budget will be larger than the current, complete outlines of the budget, in accordance with the supposed sent cabinet by mid-September.

The agent said next year's budget, which would amount to approximately $111.5 billion, of which 50 trillion dinars for investment projects planned in advance.