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Nine billion dollars is Kurdistan Budget for 2009
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Translated by IRAQdirectory.com - [9/18/2008]
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The Deputy Minister of Finance, announced on Thursday, that the budget for Kurdistan Regional Government in 2009 amounting to more than nine billion dollars, or approximately 11 trillion dinars.
Fadhil Nabi , said that after the extraction of the governing expenditures from the federal budget, the Ministry of Finance announced that the federal budget in 2009, amounting to more than 78.88 billion dollars (94 trillion dinars) ", pointing out that the share of Kurdistan region of this sum amounting to 9.16 billion dollars (10 Trillion and 928 billion and 239 million and 478 thousand dinars). "
The sovereign expenditure is the Presidency and the Council of Ministers, the Parliament and the Ministries of Foreign Affairs and Defense expenses, in addition to Arab and international obligations and the country debts , also the compensation of the Kuwait invasion. The Government Expenditures are those amounts allocated for the purchase of medicines and supply materials , expenses of pilgrimage and purchase of electrical stations and other service expenses.
Fadhil Nabi clarified that it "had been sent the budget to the Council of Ministers as scheduled to be ratified in next November, and sent to the House of Representatives for approval."
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