Council of Ministers approves budget of 2013

Baghdad (IraqiNews.com) The Council of Ministers approved the budget of 2013 on Tuesday.

A statement by the Spokesman of the Government, Ali al-Dabbagh, received by IraqiNews.com cited “The Council of Ministers ratified the budget of 2013 which is 138 trillions IQD,” noting that “The budget was based on the price of the oil barrel of 90 $ without amount of 209 millions barrels of oil exports including 250.000 barrels to be exported by Kurdistan region.”

“The Council decided to relieve the citizens from the interests taken by the agricultural bank and the housing bank on their loans,” the statement concluded.