CPA Unveils Iraqi Emergency Budget For Second Half 2003
The Coalition Provisional Authority (CPA) has recently drawn up an emergency budget for Iraq for the second half of 2003. The budget projects expenditures of $6,099.6mn, revenues of $3,887.7mn and a deficit of $2,111.9mn. Oil revenues are projected at $3,445.0mn and are fully committed to programs that benefit the Iraqi people. Revenues from transfers from state enterprises are estimated...