Finance Committee: more than 157 trillion dinars budget in 2015

by **Rocky** Sat 20 Jul 2013, 3:47 am

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Post n°1

Finance Committee: more than 157 trillion dinars budget in 2015

by Rocky Sat 20 Jul 2013, 3:47 am

Finance Committee: more than 157 trillion dinars budget in 2015

2013-07-20 07/20/2013

BAGHDAD / JD / .. announced the Finance Committee in the House of Representatives that the 2015 budget will be increased by 157 trillion and 285 billion dinars
Said committee member Magda Abdel-Latif al-Tamimi told the reporter / JD / he was forming a committee to prepare a budget strategy for the coming years, including the budget 2015 will be the total revenues have increased by 157 trillion and 285 billion dinars, while it will be the total expenditure of $ 168 trillion and 837 billion.
She added that the deficit in the budget year will be mentioned by 11 trillion and 552 billion, noting that he will be calculated per barrel of oil at $ 90 in quantities of oil source is estimated at 3.85 million barrels per day.
And alerted Tamimi that calculating the exchange rate of the dollar will be increased by 1.16 dinars, pointing out that the Commission had not received the report of a central location around the dinar exchange rate against the dollar, prompting the Commission to adopt the exchange rate on previous years and such a thing is not permitted at all. / End / / 23

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by Hkp1 Sun 21 Jul 2013, 2:24 pm

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Post n°2

Finance Committee: more than 157 trillion dinars budget in 2015

by Hkp1 Sun 21 Jul 2013, 2:24 pm

07/20/2013

Finance Committee: more than 157 trillion dinars budget in 2015

BAGHDAD / JD / .. announced the Finance Committee in the House of Representatives that the 2015 budget will be increased by 157 trillion and 285 billion dinars

Said committee member Magda Abdel-Latif al-Tamimi told the reporter / JD / he was forming a committee to prepare a budget strategy for the coming years, including the budget 2015 will be the total revenues have increased by 157 trillion and 285 billion dinars, while it will be the total expenditure of $ 168 trillion and 837 billion.

She added that the deficit in the budget year will be mentioned by 11 trillion and 552 billion, noting that he will be calculated per barrel of oil at $ 90 in quantities of oil source is estimated at 3.85 million barrels per day.

And alerted Tamimi that calculating the exchange rate of the dollar will be increased by 1.16 dinars, pointing out that the Commission had not received the report of a central location around the dinar exchange rate against the dollar, prompting the Commission to adopt the exchange rate on previous years and such a thing is not permitted at all. / End / / 23

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by Hkp1 Sun 21 Jul 2013, 2:25 pm

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Post n°3

Re: Finance Committee: more than 157 trillion dinars budget in 2015

by Hkp1 Sun 21 Jul 2013, 2:25 pm

Their budget is getting bigger & bigger... Nice find Rock, Thanks

by rasica Sun 21 Jul 2013, 6:00 pm

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Post n°4

Perhaps their dinar is getting smaller?

by rasica Sun 21 Jul 2013, 6:00 pm

Hkp1 wrote:Their budget is getting bigger & bigger... Nice find Rock, Thanks

Thats a very large number in IQD and it seems they are not expecting a RV before then. If anything it seems to me more rational if this is a cue that the IQD will be smaller. Or this article is a spoof.

I certainly cannot make any sense out of this.