Finance Ministry to discuss budget estimates for the year 2010

BAGHDAD / IraqiNews.com: The Ministry of Finance has called on Iraqi ministries and provincial councils to discuss their budget estimates for the year 2010 with ministry departments. “The discussions will end on September 15,” according to a statement received by Iraqi News. The ministry’s calls came following the Iraqi cabinet’s approval of recommendations to reconsider the budget strategy for the year 2010. The 2010 federal budget will be based on an oil price of $60 U.S. dollars and an average export rate of 2.15 million barrels per day (bpd). SS (P)/SR 1