Iraq’s Finance Ministry will submit the country’s 2010 budget for parliamentary approval by October this year.
Ministry officials say the budget for next year is almost finished.
The government wants to increase oil exports in 2010 to boost government funds.
Iraq has suffered from a budget deficit of about $20bn this year following the collapse in oil prices during the second half of 2008.
In November last year, the government set the 2009 budget at $80bn, but it slashed the sum to $58bn by the time parliament finally approved the bill in March this year.
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