VOL. XXXVIIINO. 1616-JANUARY-1995
Financial and Banking News
Saddam Tells Iraqi Cabinet To Reduce Budget Expenditure
Iraqi President Saddam Husain has told his Council of Ministers to review thecountry's budget plans with a view to cutting total expenditure and avoiding anyincrease in project spending. Baghdad newspapers have reported that jointministerial committees have been formed to find ways of cutting the budget byhalf. Expenditure over the next year is expected to focus on...
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