January 26, 2010 / 2:16 PM / 9 years ago

Iraqi parliament approves $72.4 bln 2010 budget

BAGHDAD, Jan 26 (Reuters) - The Iraqi parliament on Tuesday passed a 2010 budget that sets federal spending at 84.7 trillion Iraqi dinars (around $72.4 billion) and a deficit for this year of 22.9 trillion dinars ($19.6 billion), a lawmaker said.

The deficit amounted to 27 percent of total spending and was to be financed through surpluses from previous years and also through domestic and external borrowing, the budget law said. (Reporting by Waleed Ibrahim; Editing by Michael Christie)

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