Monday, September 23, 2024

Baghdad

MP expects distribution of oil revenues surplus on citizens by end of 2012

MP expects distribution of oil revenues surplus on citizens by end of 2012

Baghdad (IraqiNews.com) MP Kamila al-Musawi of Fadhila Bloc expected the distribution of the oil revenues surplus on Iraqi citizens by end of 2012.

She stated to IraqiNews.com “2012 federal budget included distribution of 25% of oil revenues on citizens, but until now, no regulations have been issued to implement this decision due to the deficit in the general budget.”

Musawi added that “We expect those financial allocations will be distributed on citizens by end of current year from Petro-Dollar funds.”