Now offering wire transfer and ACH payment methods!

Currency News

Iraq aims to lift 2012 investment budget to $51 bln

(Reuters) - Iraq is looking to raise its 2012 investment budget to as much as 60 trillion Iraqi dinars ($51 billion) to inject more money into ongoing investment projects and to start new ones, its planning minister said.

"What is being put forth is 40 trillion Iraqi dinars (as the investment budget). We are now trying to increase it to a minimum of 55 or 60 trillion dinars," Planning Minister Ali al-Shukri told Reuters in an interview on Monday.

Back to Top