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Iraq's budgetunder funded, Supplemental needed
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Iraq's budgetunder funded, Supplemental needed
Supplementary budget this year Iraqi
Date posted 01/07/2012 11:34 AM
Babnioz-agencies: the Iraqi Finance Ministry announced that the Government was preparing to set up supplementary budget through 2012, likely approval by Cabinet next week for submission to the Chamber of Deputies, while the size of the budget for the coming year 2013.
Finance Minister Rafe Al-Issawi said the Government is preparing to launch a supplementary budget during the current year, said Al-Issawi did not specify amounts for these budget commitments to his Ministry. There were about 40 trillion dinar need to be addressed in the coming period operating under budget, pointing out that the anticipated financial abundance of oil prices is not sufficient to meet these amounts so that the Ministry would seek to postpone the payment of some debt-particularly debt Rafidain Bank and Rasheed as local banks.
http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.babnews.com%2Finp%2Fview.asp%3FID%3D54805
Date posted 01/07/2012 11:34 AM
Babnioz-agencies: the Iraqi Finance Ministry announced that the Government was preparing to set up supplementary budget through 2012, likely approval by Cabinet next week for submission to the Chamber of Deputies, while the size of the budget for the coming year 2013.
Finance Minister Rafe Al-Issawi said the Government is preparing to launch a supplementary budget during the current year, said Al-Issawi did not specify amounts for these budget commitments to his Ministry. There were about 40 trillion dinar need to be addressed in the coming period operating under budget, pointing out that the anticipated financial abundance of oil prices is not sufficient to meet these amounts so that the Ministry would seek to postpone the payment of some debt-particularly debt Rafidain Bank and Rasheed as local banks.
http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.babnews.com%2Finp%2Fview.asp%3FID%3D54805
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