* Source: about 500 billion dinars, the total budget of Kirkuk in 2012

January 3rd, 2012 07:07 am · Posted in NEWS: Dinar Currency & World Currency News 

Kirkuk January 3rd (Rn) – An official source in the province of Kirkuk on Tuesday that the total size of the budget of the province for the current year of about 500 billion Iraqi dinars, pointing out that due to the implementation of a thousand projects within that budget.

An official of the Division of government contracts Kirkuk governorate Khabat happiest Kurdistan News Agency (Rn), that “the total size of the budget to maintain the current year of about 500 billion Iraqi dinars, including the budget of the development of regions and the proceeds of the petro-dollar and the budget of the investment plans of the ministries.” The happiest that “Kirkuk did not benefit anything from the budget of the investment plans of Masatalaracah only three projects carried out by the Ministry of Sports and Youth has not implemented the required level, “noting that” the share of Kirkuk from the budget of the development of regions for the year 2011 amounted to 108 billion dinars have been allocated for the implementation of 569 different projects in the province, however, those projects cost 120 billion dinars, which means cutting out the deficit which amounts to 12 billion dinars from the budget to maintain the current year and thus reduce the percentage of projects to be implemented during 2012. ” He continued by saying that “the revenues of Kirkuk petrodollars for the current year of 351 billion dinars have been allocated for the implementation of 435 projects, service in the city, ranging from D transmission lines extending sewerage network in the construction of several bridges and the reconstruction market of the Republic headquarters in Kirkuk, in addition to the appointment of graduates of colleges and universities and build housing units and public parks in the province. ” The city of Kirkuk, the capital of Kirkuk (255 km northeast of the Iraqi capital of Baghdad), one of the the disputed areas between the federal government in Baghdad and the Kurdistan Regional Government.

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