Thursday, February 23, 2012

Iraq's parliament approved the budget of 2012 by more than $ 100 billion

Thursday, February 23, 2012

Iraq's parliament approved the budget of 2012 by more than $ 100 billion .

Iraq's parliament approved late Thursday, the country's financial budget for 2012, which amounted to 100.5 billion dollars after an exciting session during which discussions and debates on aspects of expenditure, employment and benefits.

The budget forecasts a deficit of $ 12.6 billion.

The envoy said, "Twilight News" in Parliament that "the country's financial budget approved by a majority vote Thursday evening."

He added that "the President of parliament, Osama al adjourn the meeting after that to the sixth of March."

The decision of the House of Representatives said Muhammad Al-Khalidi's "Twilight News" earlier that most of the bombings in the Iraqi provinces will not affect the vote on the budget of 2012.

According to security sources said on Thursday that a number of the victims have been killed or wounded in a series of bombings and armed attacks against Baghdad and a number of central and northern provinces.

The Iraqi government has approved the federal budget for 2012, the end of last year, valued at $ 100 billion, an increase of 22% from the previous year, a deficit of about $ 13 billion, as revealed the Finance Committee representative from reaching the operating budget 70% of the budget in 2012.

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