Govt Demands $175m for Baghdad Summit

The Iraqi government has officially demanded that parliament allocate 206 billion Iraqi Dinars (IQD) [$175m] from the 2011 public budget for the Arab Summit in the Baghdad in March

Shuwan Mohammed Taha, a Kurdish member to the Iraqi parliament, told AKnews that since the budget for hosting the summit is high, the presidency of the Council of Ministers cannot provide it. So, the government has resorted to parliament to allot the fund from the general budget.

The general budget of the country for 2011 is estimated to be around 79 billion U.S. Dollars, up from $71 billion in 2010. However, due to the delay in government formation and internal disputes over the budget, the budget bill is yet to be ratified.

(Source: AKnews)

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