Finance Minister Hoshiyar Zebari said he will soon present his proposed 2015 budget to Cabinet, based on an oil price of $70 per barrel.
The Minister said: "We are proposing a budget of $100 billion. This is projected .."We have based our projections on about $70 a barrel. This could fluctuate. You have no assurances or guarantees."
The government was not able to present a 2014 budget.
Arab News
27 November