Cabinet Approves Budget 2013 138 Trillion Dinars
|October 25, 2012||Filled under Iraq Daily News|
Iraqi government spokesman Ali al-Dabbagh
Council of Ministers approved, on Tuesday, the budget next year 2013 $ 138 trillion Iraqi dinars.
Said Iraqi government spokesman Ali al-Dabbagh said in an interview for “Alsumaria News”, “Council of Ministers approved during its regular held, today, financial budget for the coming year 2013, b 138 trillion dinars, based on the calculated price of a barrel of oil at $ 90 per barrel and the quantity 2.0009 million bpd, of which 250 thousand barrels of the Kurdistan region.”
And Iraqi Council of Ministers approved, on the eighth of December 2011, Iraq’s budget for 2012 worth 117 trillion dinars by a deficit of 14 trillion dinars, while Iraq’s parliament voted on the budget during its 25 of the second legislative term of the year the second legislative session in (February 23, 2012) valued at about $ 100 billion, was calculated according to the Export crude oil based on the average price of 85 dollars per barrel and an average export of $ 2 million and 600 thousand barrels of including exports Kurdistan.
Noteworthy that the Ministry of Natural Resources in the Kurdistan Region revealed, in September 14, 2012, for Atfgaha with the federal government to export 200 thousand barrels of oil per day during the next three months, as well as the agreement on granting the region accounted for 17% of the total amount of crude oil refined in Iraq, and the same percentage of the total crude oil, which is supplied to the power stations.
Related Iraqi Articles-
Iraqi Dinar Investment?
WILL THE IRAQI DINAR BE REVALUED?
Iraqi Dinar: Scam or God-Send?
Central Bank Reveals Details of the Iraqi Currency
Cancellation of “Zeros” from Iraqi Currency Won’t Solve Iraq’s Economic Crisis
Iraqi Dinars: Smart Investment or Smoke and Mirrors?
Iraqi Dinar Revaluation Soon
Iraq Dinar Value Seems Likely To Significantly Increase
The Recent Iraq 2011 Budget May Have Leaked the Coming Currency Revaluation
Buy New Iraqi Dinars and Put Them in a Drawer
Columbus Hooters to Visit Iraq, Kuwa
Iraqi Dinar Trade – What Next After the Revaluation?
The Deletion of Three Zeroes From the Iraqi Currency Is a National Demand
Investing in Iraq- What Investors Have Been Waiting For
Crisis of Fiat Currencies: US Dollar Surpluses Converted Into Gold
Gold Dinar Will End Currency Wars