The Iraqi government puts their utmost attention regarding the country’s revival economy through its strategy budgets for the next 3 years, which is anticipated to double the revenues of Iraq in the budget approximately 143 trillion dinars for the next year 2014. This amount goes over 157 trillion dinars, and up to 3.5 million barrels a day for the amount of export oil. 
Next month, the Finance Ministry plans for 2014 budget bill will be raised to the Council of Ministers to be considered and nominated.
The Finance Committee expect to obtain a clear boost in the quantity of investment expenditures for the next 3 years of 62 trillion dinars, and over 39% of the remaining budget allocations.
In order to increase the investment allocations for the implementation of the strategic projects, the presence of the specialists in economic affairs is important to take part in, to highlight the meaning of the increase of the imminent port financing budgets that can be achieved within the next 3 years.
The market economic policies have emphasized the Constitution to pursue an economist approach in Iraq.
Committee member/ MP Magda Abdel-Latif al-Tamimi recently made known the concentration of the budget for next year on a few vital points. This is placed in the front position of the state’s installation contractors and intensifies the number of results, taking note about the strategy in support of the self-financing companies.
Al-Tamimi announced that a member of the total revenue strategic vision and expenditure plan, informing that the overall revenue of 2014 budget ise qual to 143 trillion dinars,157 trillion and 712 billion dinars expenses, 14 trillion and 681 billion deficit amounts.
The approximate revenues for the year 2015 budget to 157 trillion and 285 billion, and 168 trillion and 837 billion of total expenses, with 11 trillion and 552 billion dinars of shortfall assessor.
The total revenue for the 2016 budget is 188 trillion and 883 billion dinars, at 178 trillion and 316 billion dinars for the amount of the expenses, and 10 trillion 567 billion dinars for the deficit expected, noting that the amount of the non-oil revenues is 8 trillion and 970 billion dinars for the year 2014, 9 trillion 818 billion dinars for the year 2015, 10 trillion dinars and 774 billion for the year 2016, with the firm and steady of dues region of the budget, wherein disposed its claims representation through province in preparation of the budget.
Tamimi said, the “Committee will develop a vision for the strategic general budget of the year the next three, which focuses on increasing grades, and installation contractors with government departments.”
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