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The government has projected a fiscal deficit of about $25 billion this year, in a budget of roughly

Rocky

Rocky: Admin Assist; Posts : 281148
Join date : 2012-12-21

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The government has projected a fiscal deficit of about $25 billion this year, in a budget of roughly

by Rocky Thu 15 Sep 2016, 5:41 am

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The government has projected a fiscal deficit of about $25 billion this year, in a budget of roughly $100 billion. (File photo: Reuters)
By ReutersBaghdadWednesday, 16 September 2015
Text size A A A
Iraq's Finance Ministry has proposed a 2016 government budget worth 113.5 trillion Iraqi dinars ($99.65 billion) with a budget deficit of 29.4 trillion Iraqi dinars ($25.81 billion), according to a draft posted online on Wednesday.
The budget forecasts oil at $45 a barrel and presumes the continuation of a 2014 deal with the semi-autonomous Kurdistan region over oil revenues, Deputy Finance Minister Fathil Nabi told Reuters.
The government has projected a fiscal deficit of about $25 billion this year, in a budget of roughly $100 billion.
Last Update: Wednesday, 16 September 2015 KSA 14:01 - GMT 11:01

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Established in 2006 as a Community of Reality

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The government has projected a fiscal deficit of about $25 billion this year, in a budget of roughly

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