Saturday, October 20, 2012

Planing 60% allocated to the operating budget in 2013

10/20/2012


Planning: 60% allocated to the operating budget in 2013

BAGHDAD / JD / .. revealed by the Ministry of Planning for the allocation of 60% of the general budget for 2013 for operating leases.
He said ministry spokesman Abdul Zahra al-Hindawi / JD /: "Budgeting for 2013 allocated 60% of which are operational, investment and 40%."
Hindawi pointed out that the investment budget of about 42 billion dinars, and 73 billion dinars for the operational ".
He noted that the percentage of the operating budget is expected to go up or down, indicating that the general budget is still with the government and numbers is not yet stable, and did not go out to the parliament. "
And identified the federal budget for Iraq for the next year by about $ 113 billion.
Ali Shukri Iraqi Planning Minister, in a press statement, said that the budget for next year calculated on the basis of the price of $ 85 for a barrel of oil, which defined by the International Monetary Fund, and committed Iraq by along with the adoption of the size of the export of oil by 2.6 million barrels per day, on the grounds that there are oil lines will enter production in the coming months.
The Iraqi Minister of Planning that were retained 17% stake Kurdistan region of the budget, after deducting the amounts of sovereign and governing such expenses ration card, and the Ministry of Defense and State to reach the remainder to 13.4% of the total budget. / Expired / 11 N /