337 Billion allocated for compensations of property lawsuits

Baghdad (IraqiNews.com) The Secretariat General of the Council of Ministers assured that “The Council approved to allocate IQD (337) billion for the compensations of the property lawsuits.”The Secretariat General of the Cabinet reported in statement received by IraqiNews.com “The consent was issued during the 7th regular session of the Cabinet on 26/2/2013.””The treasury transfers of Rasheed and Rafidain Banks will cover IQD (837) billion of compensations while IQD (500) billion will be extracted from the financial surplus of the 2013 State Budget,” the statement added.