Iraqi Kurdistan Region’s Parliament approves its 13 trillion (t) – 940 billion dinar budget for 2011

ARBIL / IraqiNews.com: The Parliament of northern Iraq’s Kurdistan Region has approved on Tuesday the Region’s 2011 general budget of 13 trillions (t) and 940 billion (b) Iraqi dinars (US$12 billions and 478 millions approx.), a Kurdistan Legislature said.   “The Kurdistan Parliament has approved today (Tuesday) the Region’s 2011 Budget, with a 68 majority votes, compared with 25 votes,” Aso Karim told IraqiNews.com news agency.   He said the Parliament had also approved the deduction of 10% of the salaries of the Iraqi Kurdistan Presidencies, i.e. the President, the Prime Minister and the Parliament Speaker, as well as their deputies, ministers, MPs, and other leading officials.   Noteworthy is that the Kurdistan Parliament had held its first session to discuss the Region’s new budget on 16/5/2011, passed by the its Council of Ministers on Feb. 27 last, estimated at 13 trillions (t) and 940 billion (b) Iraqi dinars.   SKH (IT) 1650