*November 15th ~ 2012 budget in line with the aspirations of Iraq's economic and will Enhance the Value of Iraqi Dinar" ...14/11/2011
Finance: rewriting balancing 2012
Implementation of the agreements with the Bank by pressing expenses
Baghdad-fulfilment Amer
The Finance Ministry has drafted a budget for the year next 2012 in the light of the Convention concluded with the World Bank and with ceiling Mali up to about 130 trillion dinars, and is hoped to finalize submission to Cabinet in the coming days, said an official source at the Ministry of finance in particular by the "morning": that the Ministry had formed a Committee comprising representatives from the ministries of finance, planning and the Secretariat of the Council of Ministers, the revision next year budget previously submitted to the Secretariat of the Council of Ministers last September noted that this procedure was In light of the request made by the Ministry General Secretariat of the Council of Ministers which was engaged to play offs, returned to the Ministry with a view to reformulating in harmony and agreement with the World Bank to support investment budget for reducing the increase in operating expenses.
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source that this request came through repeated visits and meetings undertaken recently between the Minister of Finance Dr rafaa Al Issawi and World Bank officials stressed the importance of revising conventions concluded between the two sides and compliance calendar, since the Bank demanded The need to reformulate international budget commitment to investment and support customizations pressure increase in operational expenditure. the source reported that the Committee issue I understand reformulation to ensure optimal exploitation by the increase of about 30 trillion dinar budget year 2011 of 97 trillion dinars, pointing out that the draft budget will be submitted to the Council of Ministers during the next few days to finishing read and approved by Parliament before the end of this year.
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