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Iraq aims to lift 2012 investment budget to $51B

Iraq is looking to raise its 2012 investment budget to as much as 60 trillion Iraqi dinars ($51 billion) to inject more money into ongoing investment projects and to start new ones, its planning minister said. - Reuters

July 25, 2011 3:10 by

“What is being put forth is 40 trillion Iraqi dinars (as the investment budget). We are now trying to increase it to a minimum of 55 or 60 trillion dinars,” Planning Minister Ali al-Shukri told Reuters in an interview on Monday. (Reporting by Aseel Kami; Editing by Serena Chaudhry)

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