Decentralisation Bonanza in the Iraqi Budget

“Pork barrel” may perhaps come across as supremely insensitive in the Iraqi context and yet this very American expression may be the best way of explaining the political compromise that facilitated the passage of the 2010 budget in the Iraqi parliament yesterday.

Iraq: China to Write off 80 Percent of Iraq Debt

Iraq said Tuesday that China has agreed to write off 80 percent of Iraq's debt, a move that could further push Chinese business interests in the war-battered nation as Baghdad seeks international investments to fund reconstruction.

China Cancels 80 Percent of Iraq Debt: Finance Ministry

China has agreed to cancel 80 percent of the 8.5-billion-dollar debt it is owed by Iraq, the finance ministry in Baghdad said in an official statement on Tuesday.

CBI Sells $146m on Tue.

The Central Bank of Iraq’s (CBI) dollar sales dropped to $146.278 million in its daily auction on Tuesday, compared to $195.655 million in the previous session.

Ministry of Finance Hurdles the Process of Granting Basra a Ration of Its Revenues

Basra City Council Chairman has criticized Ministry of Finance's attempts to abort the decision lately issued to grant Basra a Dollar for each barrel of oil produced in the province.

U.S. Military Budget Climbs to $708 Billion

The Obama administration sent Congress its proposed military budget on Monday, requesting $708 billion for fiscal 2011, including $159 billion to support operations in Iraq and Afghanistan.

U.S. Military Budget Climbs to $708 Billion

The Obama administration sent Congress its proposed military budget on Monday, requesting $708 billion for fiscal 2011, including $159 billion to support operations in Iraq and Afghanistan.

Minister of Finance Released 20% of the Investment Budget for Province of Baghdad

The Ministry of Finance said on Saturday, that its minister instructed, firing 20% of the investment budget for 2010 for the continuity of work of ongoing projects of the province of Baghdad.

Minister of Finance Released 20% of the Investment Budget for Province of Baghdad

The Ministry of Finance said on Saturday, that its minister instructed, firing 20% of the investment budget for 2010 for the continuity of work of ongoing projects of the province of Baghdad.

CBI’s Dollar Sales Higher on Mon.

The Central Bank of Iraq’s (CBI) dollar sales dramatically increased to $195.655 million in its daily auction on Monday, compared to $77.529 million in the previous session.

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