Thursday, February 2, 2012 13:23
[Baghdad - where]
Said the parliamentary economic committee member Abdul-Abbas Xiaa that the government strategy in the next stage to reduce the investment return for the operating budget for economic development.
Xiaa said in a statement to the Agency all of Iraq [where] the day that "this strategy is a positive factor to improve the economic situation in Iraq, noting that" the country is going through a financial burden within the operating budget. "
He noted that "billions of dollars go to all of Iraq's debt is one of the operating budget."
The House of Representatives had already begun to consider the budget and completed the first reading and then the second and approval is expected in future meetings.
The Iraqi government has approved in early December last budget in 2012 amounted to a total value of $ 100 billion, the largest budget in the history of Iraq.
The percentage of funds allocated for investment projects in the budget, 35%, while the rest of the acquired operating budget, particularly on the remaining ones. Finished 2.
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