21.4% of Iraqi budget directed to investment
Iraq has allocated 7550 billion Dinar from the current budget to investment. This amount accounts for 21.4 percent of the total Iraqi budget.
A report issued by the Iraqi finance ministry showed that the private sector got the highest percentage of allocations, i.e. 937 million Dinar. It was followed by the service, construction and transportation sectors. The report also indicated that the allocations for the public sector distributed as follows: 59.6 percent for oil, 8.5 for electricity and 7 per cent for high education.