2014 Iraq Budget exceeds 174 Trillion Iraqi Dinars

Baghdad (IraqiNews.com) The Financial Parliamentary Committee announced that the 2014 State budget reaches IQD 174.6 trillion and its major part allocated for energy and security sectors.

Member, Majda al-Tamimi, of the Financial Parliamentary Committee published on her Facebook page that ”The 2014 State Budget reaches IQD (174,6) trillion distributed as (22) trillion for security and defense, (38,9) trillion for energy, including (11) trillion allocated for electricity sector, seven trillions for trade field, including five trillions allocated for ration card.”

”The budget allocated IQD (1,9) trillion for construction, four trillions for the Council of Ministers, (99) billions for agriculture and two trillions for industry sector,” she added.”

The budget allocated three trillions for the new salaries table,” noting that ”The rate of the investment allocations within 2014 State reached 36% while in the 2013 State budget reached 40%,”. She concluded.