The Iraqi cabinet Tuesday approved a 123 trillion dinar ($103 billion) draft budget for 2015 which envisions a deficit of 23 trillion dinars, Finance Minister Hoshiyar Zebari said.
He told Reuters that the budget would be presented to parliament soon, after a committee headed by Prime Minister Haider al-Abadi and including Zebari fine-tuned some of the language.
The committee was expected to meet on Wednesday and then push the draft budget to parliament.