Parliament Approves 2015 Budget

By John Lee.

Iraq’s parliament approved the country’s 2015 budget on Thursday, based on a crude oil price of $56 a barrel.

According to a report from the Wall Street Journal, the budget projects a deficit of $20 billion, compared with $40 billion in an earlier version.

Iraq didn’t pass a budget for 2014.

The budget (Arabic) can be downloaded here.

(Source: WSJ)