Council of Representatives to receive 2013 budget bill today

ERBIL, Sept.19 (AKnews)- Iraqi Ministry of Finance will send 2013 budget bill today to the Council of Representatives for ratification, said deputy for Iraqi finance minister.

Fadel Nabi said the estimated budget is 132 trillion IQD, based on the price of one barrel of oil set at $90.

The priority is given to investment in the 2013 bill, according to Nabi.

The 2012 budget bill was set at 117 trillion ( $100 billion), based on $85 for one exported barrel of oil and export of 2,6 million barrels of oil per day.