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Finance Ministry, World Bank discuss Iraqi 2012 budget

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parothead

parothead
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8/19/2011 1:59 PM

BAGHDAD / Aswat al-Iraq: The Iraqi Minister of Finance Rafi al-Issawi discussed with the World Bank director in Iraq, Maria Helen Keller, the budget for 2012.

Both sides discussed the final draft, according to a statement issued by the ministry.

The statement tackled “the differences in oil prices and their effects on the federal budget,” highlighting that the budget should be submitted to the cabinet by September.

The ministry intended to present the budget by next September for study, discussion and approval by the parliament by the end of the year, not like previous years.

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