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Written question asked by Lord Hague of Richmond (Conservative) on Wednesday, 9 May 2007, in the House of Commons. It was due for an answer on Monday, 14 May 2007. It was answered by Ian McCartney (Labour) on Thursday, 17 May 2007 on behalf of the Foreign and Commonwealth Office.


Iraq

Question
To ask the Secretary of State for Foreign and Commonwealth Affairs what estimate she has made of the proportion of unspent funds in the Iraqi budget in each of the last three financial years.
Answer

The following table contains estimates of government of Iraq (GoI) planned and actual revenue and expenditure between 2004 and 2007 in millions of Iraqi Dinars. The financial year in Iraq runs on our calendar year. We do not hold accurate estimates for expenditure figures for 2004 as this marks the transition from the Coalition Provisional Authority to the Interim Iraqi government.

2004 2005 2006 2007
Budget estimate of revenues¹ 21,729,100 28,958,608 45,392,304 42,064,530
Budget estimate of expenditures² n/a 35,981,168 50,963,161 51,727,468
Estimate of final revenues³ 26,595,000 36,655,000 49,265,000 n/a
Estimate of final expenditures4 n/a 29,130,000 38,922,000 n/a
¹ Source: GoI budget. This excludes some items including grants from donors and some government operations including sale of State Owned Enterprises.
² Source: GoI budget. This excludes some items including donor financed spending and subsidies in kind to state owned enterprises.
³ Source: International Monetary Fund (IMF) published reports
4 Source: IMF published reports.

Secondary information

Type
Written question
Reference
137181; 460 c870W
Session
2006-07
Subjects
Iraq Public expenditure
Link
View this Written question on www.publications.parliament.uk