Iraq Financial Secretary: 2014 budget size may reach 130.68 billion dollars

Posted by on Oct 28, 2013 | Leave a Comment

18-09-2013 06:45 PM
Baghdad (newsletter).The Financial Secretary revealed Fazil Nabi said Wednesday that Iraq’s budget target in 2014 would likely total size 174.6 trillion dinars ‘ 130.68 billion dollars ‘ oil rate of $ 90 a barrel with crude exports from 3.4 million barrels a day.

The 2013 budget amounted to 138 trillion Iraqi dinars, based on an oil price of $ 90 per barrel, but with the least amount of 2.9 million barrels.

The proxy said: the draft budget for the 2014 allocates trillion dinars ‘ 860 million dollars for oil companies operating in Kurdistan, which is expected to be 250,000 barrels of crude

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