Middle East Economic Survey
Iraq 2004 Budget Revisions Incorporate 48% Rise In Projected Spending
The revised Iraqi budget for 2004, which was approved in March and updates original projections from October 2003 (MEES 20 October 2003), sees a 48% rise in spending against original projections, taking expenditure to NID29,891bn ($19.9bn). This is the last budget prepared by the US-led Coalition Provisional Authority (CPA). The Iraqi Ministry of...