2-20-11 UPDATE 1-Iraqi lawmakers pass 2011 budget of $82.6 bln

Highlights/Thoughts
Click on the title of this posting to get the details of the article

Please note that the earlier posting of the budget passing was a reference to an article posted earlier this month

1. Iraq's parliament gave final approval to the $82.6 billion budget
2. It's based on an average oil price of $76.50 and 2.2 mil barrels per day
3. The deficit is projected to be $13.4 bil
4. The remainder of the article outlines the details of the budget and provides some historical reference