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Thread: Iraq 2010 budget to be passed

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    Iraq 2010 budget to be passed

    Iraq's 2010 budget is set to be passed by the Presidential Council tomorrow, the final step before a bill becomes a law, bringing with it radical bonuses for oil-producing regions, significant concessions to the Kurdistan region and rewards for Shia pilgrim areas.

    The bill, which amounts to more than $72.4 billion, sets out new rules outlining how provinces will receive money according to hydrocarbon production levels.

    The budget stipulates that provinces will receive $1 for each barrel

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    Re: Iraq 2010 budget to be passed

    there is more to this article on the iraqi oil report site

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    Thanks for the post.

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