Baghdad (news)
Most likely a member of the Committee of Economy and Investment National Alliance MP Abdul Abbas Xiaa, to rise budget year (2013) the different economic sectors through the financial allocations of investment, which is estimated (55) trillion Iraqi dinars.
Said Xiaa (of the Agency news): The proportion of investment expenditure in the current year budget of more than (40%) or approximately (55) trillion Iraqi dinars, adding that these amounts will be distributed to the various economic sectors, especially agriculture, industry and housing to support them.
He added: that the budget year (2013) quite different from previous budgets, in terms of the distribution of their funds where increased investment allocations, which in turn supports the various sectors and major economic movement occurs in the country.
The Ministry of Finance announced that the proposed budget for the year (2013) amounted to (113) billion dollars, and the price of oil (90) dollars per barrel.
The Cabinet has sent the budget year to the House of Representatives for the purpose of debating and voting on them.
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