Here is the Iraqi Budget for 2012. It does NOT appear to be calculated with the new rate for the IQD:
The federal public budget law of the Republic of Iraq for the financial year 2012
February 23, 2012
On behalf of the people
The Presidency of the Republic
Decision No. ()
Based on what was passed by the House in accordance with the provisions of item (I) of article (61) and item (iii) of article 73 of the Constitution The President of the Republic had decided to date//2012 Issuing the following law:
No. () of the year/2012
The federal public budget law of the Republic of Iraq for the financial year 2012/
Article 1 first
:- Estimated revenue for the federal budget for fiscal year 2012/$ (102326898000) 1,000 dinars (one hundred and two thousand twenty-six wethlthmaeh and wethmnmaeh billion and eight and ninety million dinars)
As shown in (table/a revenue as major accounts) attached to this law.
Calculation of revenue resulting from the export of crude oil on the basis of the average price (85) dollars per barrel and the rate of export capacity (2,600,000) barrels per day (two and six hundred thousand barrels per day) including (175,000) barrels (one hundred and seventy-five thousand barrels per day) on quantities of crude oil produced in the region of Kurdistan and enter all income already in the Development Fund for Iraq (DFI) Or any other replacement after discount (5%) On war reparations Kuwait or any other rate determined by the Security Council and reimbursed to the United Nations.
Adhere to the ministries and those not associated with Ministry under all cash grants amounts obtained under agreements with foreign Governments or institutions for income Treasury federal, Federal Ministry of finance for reassignment for purposes which have been granted in coordination with the Ministry of Federal planning.
Credited contributions granted to ministries and bodies are not linked to the Ministry after acceptance of the final revenue Federal Finance Minister to the federal Treasury to the Federal Minister of finance to allocate appropriations for the Ministry or entity not associated with Ministry of Exchange in accordance with the purposes for which they were granted.
Amounts of grants or contributions by Governments and foreign institutions to ministries and non-associated with the Ministry or provincial and provincial income for the Treasury whether these grants and contributions in the form of technical assistance or implementation of projects that are under one Ministry or speculative in records associated with the intruder or Ministry and district and provincial councils and be accepting in-kind or cash grants and reallocated in coordination between beneficiaries and the ministries of planning and finance.
Expenditures and deficit
Article 2, first expenditure:
Allocates $ 117122930150)) 1,000 dinars (one hundred and seventeen thousand one hundred and twenty-two billion nine hundred and thirty million, one hundred and fifty thousand dinars) for the financial year expenditure as distributed/2012 (field/3 total expenditures) (table/c expenditure by ministries) attached to this Act
$ (37177897013) 1,000 dinars (thirty-seven thousand, one hundred and seventy-seven and seven and wethmnmaeh billion 90 million and thirteen thousand dinars) to the project expenditure as distributed (field/2 expenses of investment projects) (table/c expenditure by ministries) attached to this law.
$ (79954033137) 1,000 dinars (nine and seventy thousand and fifty-four billion and thirty-three million, one hundred and thirty-seven thousand dinars) for operational expenditure under (field/1-operational expenditures (table/c expenditure by ministries) attached to this Act
Allocates $ 1,000 dinars (250000000) (hundred and fifty billion dinars) reserve for contingency appropriation other expenses to offset the Federal Ministry of Finance of the customizations contained in item (i. b.) above the House takes note of emergency expenses.
II/additional provision for the development of territories (1072500724) 1,000 dinars (one thousand seventy-two billion five hundred million seven hundred and twenty-four thousand dinars) distributed to governorates according to population ratios.
In addition to the allocation of total expenditure by sectors and activities set out in table (B) attached to this code as follows.
1. expenditure on security and defence:
(17171802050) a d ynar (Seventeen thousand one hundred and seventy billion wethmnmaeh and two million and 50,000 dinars)
(11476224538) 1,000 dinars (eleven thousand four hundred and seventy-six hundred billion, and twenty-four million five hundred and thirty-eight thousand dinars)
(20460594721) 1,000 dinars ( twenty thousand and four hundred and sixty billion five hundred and ninety-four million seven hundred and twenty-one thousand dinars)
4. environment and health
(5740233945) 1,000 dinars (five thousand seven hundred and forty billion and the hundred and thirty-three million nine hundred and forty-five thousand dinars)
5. social services:
(15544085421) 1,000 dinars (fifteen thousand five hundred and forty-four billion dollars and eighty-five million four hundred and twenty-one thousand dinars)
6-Water and sewerage and sanitation:
(3869673567) 1,000 dinars (3,000 wethmnmaeh and nine billion six hundred sixty and seventy-three million five hundred and sixty-seven thousand dinars)
7. transport and communications:
(1133553270) 1,000 dinars (one thousand one hundred and thirty-three billion five hundred and fifty-three hundred and seventy million dinars)
8. the agricultural sector:
(2408559668) 1,000 dinars (two thousand and four hundred and eight billion five hundred and fifty-nine million six hundred and sixty-eight thousand dinars)
9. industrial sector:
(1419618386) 1,000 dinars (one thousand four hundred and nineteen billion six hundred and eighteen million wethlthmaeh and six eighty thousand dinars)
10. construction and housing:
(1142000684) 1,000 dinars (one thousand one hundred and forty-two billion six hundred and eighty-four thousand dinars)
11-Culture, youth clubs and federations:
(2319789589) 1,000 dinars (2,000 wethlthmaeh and nineteen billion seven hundred and eighty-nine million five hundred and eighty-nine thousand dinars)
12. Central and local public administrations:
(12463598248) 1,000 dinars (twelve thousand, four hundred and sixty-three billion wekhmsaeh and eight hundred and ninety million and forty-eight thousand dinars) distributed as follows:-
A. (4414816831) 1,000 dinars (four thousand, four hundred and fourteen billion wethmnmaeh and sixteen million wethmnmaeh one and thirty thousand JD) central public administrations
B-(8048781417) 1,000 dinars (eight thousand and forty-eight billion seven hundred eighty one million four hundred and seventeen thousand dinars) to local circuits
13. commitments and international contributions and debt:
(9368245301) 1,000 dinars (nine thousand wethlthmaeh and eight hundred and sixty billion and forty-five million wethlthmaeh one thousand dinars)
(12604950762) 1,000 dinars (twelve thousand six hundred and four billion nine hundred and fifty million seven hundred and sixty-two thousand dinars)
Allocation of $ (6183838544) 1,000 dinars (six thousand one hundred and eighty-three billion wethmnmaeh and thirty-eight million five hundred and forty-four thousand dinars (l) reconstruction and development projects and district including Kurdistan) out customizations referenced item (I/a) of article (2) above are distributed according to each province and is implemented as follows:
1 the Governor submitted a plan of reconstruction of conservation districts and districts affiliate certified by the County Council to the Ministry of Federal Planning ((in coordination with the District Councils, counties)) for the purpose of examination and approval should take into account the most affected areas within the County.
2 the Governor exclusively approved plan of reconstruction and the provincial Council is responsible for monitoring the implementation only.
3. keep the amount of customizations distributed (reconstruction and development projects and district including Kurdistan) counties and districts according to population ratios associated with excluding strategic projects that benefit more than one hand or spending that does not exceed the cost of strategic projects for the 20% of conservative customizations
Provision (1676187700) 1,000 dinars (one thousand six hundred and seventy-six billion and one hundred and eighty-seven million seven hundred thousand dinars) as projects to districts including Kurdistan out customizations referenced item (i. a.) of the article (2) above to keep the right to dispose and use with--just about (50%) Customizations described above for the purpose of importing electricity or servicing of maintenance and cleaning through the conduct of transfers required coordination with the ministries of finance and planning Yeaten Union equivalent (1) dollars per barrel crude product in the County and (1) dollars per barrel of crude oil in refineries keep repeating and (1) $ for every 150 cubic metres of natural gas in the province as production is distributed every province and delivered to the Federal Government and the Mathematical adjustments after scrutiny by the Federal Office of financial supervision in the subsequent year balancing
F) Federal Cabinet to allocate 25% of the increase in revenues from exports of crude oil exported achieved during 2012 after payment of disability and deposited in a fund distributes cash to interests of the Iraqi people and organize by directives issued by the Minister of finance in coordination with planning Minister within six months.
A. the total deficit planned federal budget for fiscal year 2012 (14796032150)/1,000 dinars (fourteen thousand seven hundred and ninety-six billion and thirty-two million, one hundred and fifty thousand dinars) and cover the deficit of the cash recycled in Iraq Development Fund and DFI internal and external borrowing and the proportion of savings expected from the increased sale prices or increased oil production.
B. the federal authority empowers the Minister of finance to continue borrowing from IMF
International complement sum (4, 5) billion dollars (four billion five hundred million
Dollars) and World Bank complement the $ 2 billion dollars (two billion
Dollars) during the year 2012 using special drawing rights SDR b
Limits (1.8) billion dollars (one billion eight hundred million dollars) to cover the deficit
The federal budget is expected in addition to borrowing under
General and final provisions
Limits the exchange of key accounts for expenditure allocations (salaries, goods and services, benefits, social benefits, grants, subsidies, other expenses, capital expenditure) and expenditure for projects approved within the federal public budget of the Republic of Iraq by the Federal Minister of finance and the Minister or head of non-associated with the Ministry or Governor or head of Council Exchange forums blunt power directly in the light of the appropriations earmarked under annual balanced in coordination with the Federal Ministry of Finance/Accounting Chamber.
For Federal Finance Minister power to make transfers between appropriations of the general budget of the Federal Republic of Iraq approved in the annual federal budget at the level of the doors and partitions and accounts, subcommittees and has authorized Ministers and heads of non-associated with the Ministry, Governors and heads of District Councils are not linked to the territory to make transfers between budget allocations Federal Republic of Iraq approved in the annual federal budget by up to (20%) (20%) of the Exchange unit for other Exchange unit that is reducing allocation except for investment projects, taking into account the provisions of paragraph (8) of section 9 of the law on public financial management and debt No. (95) of the year/2004 that are not transfers of capital projects expenditure allocations to operational expenses are non-financial assets of customizations to the salaries and other expenses
For the Federal Prime Minister and Minister of finance federal joint use of amounts approved for the (contingency) provided for in Regulation (I/c) of the article (2) of this Act to pay the expenses of emergency incidents and unexpected after the entry into force of this law if there is an urgent need for expenditure without (spending) and lack of allocation to cover this need reduction (3) billion dinars (three billion dinars) for each case and if the amount exceeded the limit that the consent of the Federal Council of Ministers on the proposal of the Minister of finance federal and Federal Finance Minister Preparation of controls to use emergency reserve allocations within help implement the annual federal budget.
First : use the approved appropriations in this Act until 31 December of the financial year 2012/
Secondly, the income obtained until 31/12/2012 income received after the end of the financial year 2012/restrict the federal public budget revenue for fiscal year 2013.
Grants and subsidies are calculated amounts of unused amounts allocated to government departments and public sector companies by the end of the financial year in accordance with the accounting standards/2011 used to calculate final Exchange surpluses are paid or are trailing along these foundations grant account payment for the service or unit in fiscal/2012
The competent Federal Minister and heads of non-associated with the Ministry, Governors and heads of provincial councils power drainage in light of customizations supported within their budget and annual Heads of Ministry or entity not associated with Ministry of power exchange in whole or part as follows
The Exchange is used in accordance with the appropriations approved in the annual federal budget and the purposes specified under the plan expenditure validated by the Federal Finance Minister.
Adhere the appropriation in the General Federal budget should enter into a commitment to exchange more than custom in the federal budget.
Do not approach the Federal Ministry of Finance on request any additional customizations outside the budget allocations after the enactment of the federal budget
Provide ministries and State Services all federal accounts monthly (-review) in date up duration (10 days) of the end of each month to the Federal Ministry of finance accounting service provides ministries and chambers of Kurdistan all monthly accounts (balance check) is similar to the end of each month to the Ministry of finance in Kurdistan, the Kurdistan monthly trial balance to the Federal Ministry of finance.
May make any transfer within customizations (reconstruction and development projects and district) between provinces
The Minister of planning, providing the implementation of investment projects of each Ministry or entity not affiliated with Ministry to the Prime Minister, accompanied by proposals on which projects non-dilly ministries or associated with implementation for the purpose of enabling the Council of Ministers issued the appropriate decision.
In case of failure to execute a (25%) From project allocations within six months from the adoption of the budget on Federal Finance Minister and in coordination with the Federal Planning Minister to report to the Council of Ministers to determine the reasons for failure Recommend resolution required for project implementation and delivery
Chamber of Deputies questioned the Minister or head of unrelated to the Ministry in case of failure to execute a 60% investment customizations or his Ministry from the federal budget.
When you move an employee from a Chamber or autonomous State funded centrally to the private sector bears the Ministry or entity not associated with Ministry staff half his salary of movable monthly for a period of three years from the date of the move to sever his relationship from his final and that conduct to the private sector transferred to staff 0
Empowers the Minister of municipalities and public works, the validity of federal transfers between own resources to preserve the budgets of municipal institutions within one and make transfers within the goods and services account for each municipality.
Article 13, first:
Provincial quotas unsteady territory with a population of total expenditure set out in (table/e ruling expenditures) attached to this law after excluding share of Kurdistan (17%).
Shares of Kurdistan (17%) Seven ten from cent of total expenditures set out in (table/e ruling expenditures) attached to this law to not act in this outermost portion of consultation and coordination between the relevant Ministry in the Federal Government and the Ministry concerned in Kurdistan. Be disbursed customizations (import expenses for fuel power plants) and (expenses of import electricity) ruling expenditures directly without the need for consultation and coordination between the Federal Ministry and Ministry in the region.
Define proportion (17%) of seventeen per cent of total operating expenses and the expenses of investment projects to the general budget of the Federal Republic of Iraq validated Kurdistan after excluding expenses of b (sovereign House, Presidency of the Republic, the Council of Ministers, Ministry of Foreign Affairs, the Ministry of defence, wages negotiations and legal claims for debt, pay check, track and prosecute money abroad, remuneration of the international auditing company Audit Committee financial experts, to contribute to the cost of producing crude oil exported including contracts implementing foreign companies to Kurdistan (according to Agreement between the Federal Minister and oil Minister of natural resources in the region full of items), the benefits of bank loans and benefits of IMF loans and interest on foreign loans, interest on bonds, the benefits of remittances to the General Treasury bonds extinguished the external debts of the private sector, international and Arabic contributions amounts, amounts of war reparations Kuwait, expenses of travel and nationality Directorate and led border troops, overseas debt settlement, interest on external debt restructuring under the Paris Club countries and States outside the Club Paris, freight of crude oil exported via Turkey, premium bilateral agreements with the Paris Club countries and countries outside the Paris Club, investment projects for foreign oil companies, benefits arising from bilateral conventions premiums with the Paris Club and the countries outside the Paris Club, reimbursement of old versions of Treasury transfers, cash settlement for small debt to the private sector abroad and co-financed expenditures and port projects, dams and railway system associated with the international network and management of airspace.
When an increase or decrease in the total federal budget expenses or reduce add Kurdistan share proportionately with the spinner to the Kurdistan regional budget taking into account the provisions of item (ii) of this article including modifications to expenditure expenses sovereign sovereign transfer to overhead in the same proportion mentioned above.
Pay advances after agreements between the Federal Cabinet and the Council of Ministers of the region about expenses (salaries and arming and processing) to guard the territory pesh and in conformity with the Constitution until a law regulating benefits the territory guards.
The federal ministries of finance and planning to scale proportions allocated to each governorate irregularly in the territory of the federal public budget allocations for FY/2012.
Federal ministries is committed to the distribution of public expenditure excluding Federal Ministry Center customizations and its central departments and strategic projects that benefit more from County expenditure sovereign and Kurdistan share listed in paragraph (iii) of this article, according to population ratios for irregular governorates in the territory and the maintenance of records which refer to actual spending for each province House flags
The Office of financial supervision of federal regulatory bodies commissioned him in federal ministries and agencies that are not linked to the Ministry to ensure the implementation of paragraph (VII) of this article when the federal public budget approval and ratification and effective implementation.
All provinces in coordination with the federal ministries and agencies that are not linked to the Ministry to ensure the implementation of paragraph (VII) of this article after the adoption of the federal public budget and ratification and effective implementation of the budget.
Article 14, first a
The Federal Office of financial supervision in coordination and cooperation with the Office of financial supervision of territory and krstan calculating federal income obtained in the territory this year and the Ministry of finance in the territory transferred to the Federal Ministry of Finance on a monthly basis
Receivables are settled between Kurdistan and the Federal Government for the years (2004-2011) and subsequent years following the audit by the Office of financial supervision of the federal coordination and cooperation with the Office of financial supervision of Kurdistan by 15/10/2012.
When you do not pay federal income obtained to the federal public Treasury Department of finance Federal quota assessment under paragraph (a), item (I) of this article shall be equivalent to the revenue planned federal budget and accounting adjustment later.
The Ministry of finance federal withholding amounts of damage caused by lack of maintenance of the territory or using airspace allowing or not allowing ground cables for Internet communications service in federal or Republic of Iraq for mobile phone companies and Internet service providers approved by the Federal Government or the preservation of the territory's share when funding specifically revenue derived from leaves and mobile phone charges.