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Iraq - 2012 budget vs 2013 budget! – post with articles from Toucan


ronscarpa
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03/12/2013 - Taken from D. Recaps
 
 
Iraq - 2012 budget vs 2013 budget! – post with articles from Toucan

(The total 2013 federal budget of 138 billion dinars = ($138M to buy as of today's rate) they can't work off that (see 2012's budget below $100B) 

Wonder if we see the NEW rate ($1?) after published in Official Gazette? 

138 Billion Iraqi Dinar x $1 = $138B as seen below 2012 budget was $100B and they said 2013 which is the largest in the history of the Iraqi State

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Ministry of Planning announced funds allocated through federal budget will be released once published in Gazette 

Tuesday, 12 March 2013 08: 24 

http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http://www.shafaaq.com/sh2/index.php/news/economy-news/54239----2013-------.html

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UPDATE 1-Iraq approves $100.5 bln budget for 2012

Thu Feb 23, 2012 4:10pm EST

http://www.reuters.com/article/2012/02/23/iraq-budget-idUSL5E8DN9EL20120223

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wilight news/Ministry of planning and development cooperation, Tuesday announced the launch of the federal budget funds directly after the President of the Republic and published in the Official Gazette of the budget law, asserting that there are delays in many projects.


get_img.jpgMinistry spokesman Abdul Zahra Al-Hindawi said in an interview for "Twilight", "Ministry of planning pending completion of the legal procedures for the budget of the Republic Presidency authentication and published in the Official Gazette to be released directly after the completion of legal procedures."


Hindawi said that the Ministry will launch a project in the same week that the budget published in the Official Gazette, and there won't be any delay by the Ministry for having a lot of projects stalled because of delays in the adoption of the budget.


The House voted Thursday on the federal budget without political consensus with the Kurdistan Coalition list, which threatened to resort to the Federal Court of appeal out of the budget.


The total federal budget of 138 billion dinars, which is the largest in the history of the Iraqi State, which included the $ 55 billion dinars investment segment, 83 billion dinars, the operational segment.


And built the Iraqi Government budget year 2013 based on 90 dollars a barrel at a rate of 2.9 million barrels of oil a day.

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