Tag Archives | Ministry of Finance

Al-Zubaidi: 2010 Budget for Culture Ministry

The Minister of Finance Baqir al-Zubaidi, said the budget in 2010 will focus on different sectors in the Ministries of Culture , environment, human rights, education, and sports and youth. During a meeting of a Committee to plan strategy of the federal budget this year, Al Zubaidi stressed on taking into account the ministries important […]

2007 Final Account of Iraqi Government Released

The Board of Supreme Audit on Monday said it has released the final account of the Iraqi government for the year 2007 after all amendments had been made to it. “Amendment have been made to the remarks and notes with regards to budget revenues and an accumulated surplus of 52.6 trillion Iraqi dinars…,” according to […]

Banks to Offer Loans to Government Personnel

The Iraqi Ministry of Finance has given instructions to the Rasheed and Rafidayn banks to grant loans to full-time government employees. “The amount available is 5 million Iraqi dinars with an interest rate of 6% to be repaid within five years,” an under-secretary of state for banking affairs, Diyaa al-Khayoon, told Aswat al-Iraq news agency.

Iraq Completes Deal with Oil Giants Exxon Mobil, Shell

Iraq's oil ministry on Monday completed a major deal with US major Exxon Mobil and Anglo-Dutch giant Shell to develop production at West Qurna-1, the war-torn country's second biggest field. "The oil ministry signed the contract for West Qurna-1 with Exxon Mobil and Shell," ministry spokesman Assem Jihad said in a statement. "This contract will […]