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Details of the budget bill
The House voted in its third century, which was held under the chairmanship of Osama Najafi, head of the House of Representatives and in the presence of 168 deputies, on Wednesday, the 12 articles of the Code of Federal budget submitted by the Committees of Finance and Economy and Investment.
A statement by the House of Representatives, received "WAM copy of it today, estimated revenues of the federal budget for fiscal year 2013 of $ (119 296 663 096) thousand dinars (one hundred and nineteen thousand two hundred and ninety six billion, six hundred and sixty-three million ninety six thousand dinars) were calculated revenue resulting from export of crude oil on the basis of the average price of $ 90 per barrel and the rate of export of $ 2 million and 900 thousand barrels per day, including 250 thousand barrels per day for the amount of oil produced in the province of Kurdistan.
The budget included the allocation of expenses for the fiscal year 2013 amount of $ (138 424 608 000) thousand dinars (one hundred and thirty eight thousand, four hundred and twenty-four billion, six hundred and eight million dinars).
The total planned deficit of the general budget (19127944904) thousand dinars (nineteen thousand seventy-seven billion nine hundred and forty-four million, nine hundred and four thousand dinars, and covers the shortfall of cash retained in the Development Fund for Iraq and internal and external borrowing and the percentage of savings is expected to increase selling prices of oil or increase production.
And identified the federal budget for the fiscal year 2013 17% of the total expenditure to the Kurdistan region also took into account the budget quotas governorates not organized province by population.
And included the general budget allocation expenses for the security sector and defense amount (19702296000) thousand dinars (nineteen thousand seven hundred and two billion two hundred and ninety six million dinars) in an amount (12,782,897,000) thousand dinars (twelve thousand seven hundred and eighty-two billion and Ninety-seven million dinars) to sector Education has also been allocated an amount (29456011000) thousand dinars (twenty-nine thousand, four hundred and fifty-six billion and eleven million dinars for the energy sector
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The House voted in its third century, which was held under the chairmanship of Osama Najafi, head of the House of Representatives and in the presence of 168 deputies, on Wednesday, the 12 articles of the Code of Federal budget submitted by the Committees of Finance and Economy and Investment.
A statement by the House of Representatives, received "WAM copy of it today, estimated revenues of the federal budget for fiscal year 2013 of $ (119 296 663 096) thousand dinars (one hundred and nineteen thousand two hundred and ninety six billion, six hundred and sixty-three million ninety six thousand dinars) were calculated revenue resulting from export of crude oil on the basis of the average price of $ 90 per barrel and the rate of export of $ 2 million and 900 thousand barrels per day, including 250 thousand barrels per day for the amount of oil produced in the province of Kurdistan.
The budget included the allocation of expenses for the fiscal year 2013 amount of $ (138 424 608 000) thousand dinars (one hundred and thirty eight thousand, four hundred and twenty-four billion, six hundred and eight million dinars).
The total planned deficit of the general budget (19127944904) thousand dinars (nineteen thousand seventy-seven billion nine hundred and forty-four million, nine hundred and four thousand dinars, and covers the shortfall of cash retained in the Development Fund for Iraq and internal and external borrowing and the percentage of savings is expected to increase selling prices of oil or increase production.
And identified the federal budget for the fiscal year 2013 17% of the total expenditure to the Kurdistan region also took into account the budget quotas governorates not organized province by population.
And included the general budget allocation expenses for the security sector and defense amount (19702296000) thousand dinars (nineteen thousand seven hundred and two billion two hundred and ninety six million dinars) in an amount (12,782,897,000) thousand dinars (twelve thousand seven hundred and eighty-two billion and Ninety-seven million dinars) to sector Education has also been allocated an amount (29456011000) thousand dinars (twenty-nine thousand, four hundred and fifty-six billion and eleven million dinars for the energy sector
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