Growth rate of 10% between the budgets of the next year and the current

Revealed Economic Commission parliamentary growth rate between the budget next year and the current estimated up to 10%.

said committee member Iraqi List MP Qusay Abadi’s / JD /: The growth rate estimated between budgets in 2012, and 2013 is estimated at ( 10%).

The cabinet decided at its forty-sixth regular and held on 23 October 2012, approved a draft law the federal budget for 2013 of $ (138) trillion dinars, an increase of 18% from last year.

explained cabinet statement received / JD / copy of it: that the total federal income amounted to (119.3) trillion dinars were the result of calculating the revenues from export of crude oil at an average price (90) dollars per barrel and export capacity of up to (2.9) million barrels per day, including the quantity produced and exported from the territory Kurdistan and the (250) thousand barrels per day, where will oil revenues this Development Fund for Iraq after deducting (5)% for war reparations Kuwait has reached the investment budget (55) trillion dinars and the operating budget (83) trillion dinars distributed to institutions, ministries and state bodies all terms public expenditure will be distributed according to population ratios after excluding allocations of the federal ministry center and sovereign expenditure.

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