ISIS dedicates quarter of 2015 budget to fighting US coalition

The Islamic State of Iraq and Levant announced Tuesday that $250m of its two-billion dollar budget for 2015 would be allocated to the "war on the American coalition."  A large portion would be spent on “monthly wages to the poor, disabled, orphans, widows and people killed in coalition air strikes” This communiqué on an annual budget attempts to present the Islamic caliphate established by Abu Bakr Al-Baghdadi as a regular state. Last week, ISIS announced the opening of an Islamic bank in Mosul, Iraq’s second largest town that fell to the jihadis last June.

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