Diala receives ID460b from investment budgets

DIALA / IraqiNews.com: The Iraqi Finance Ministry approved the re-launching of 25 percent from the Diala’s investment budgets for three years, hitting up to 460 billion Iraqi dinars (ID) or $393.2 million, the province governor said on Saturday. “Twenty-five percent of the frozen funds from Diala’s investment budgets for the years 2005, 2006 and 2007 will be re-launched,” Abdulnasser al-Muntassir told Iraqi News. “The funds were not spent on investment projects during the specified legal period due to the deteriorating security conditions in the province that time,” he added. Diala lies 57 km northeast of the Iraqi capital Baghdad . AmR (P)/SR 1