Central Bank: Iraq has spent $ 703 billion since 2005

by **Rocky** Mon 30 Jul 2018, 3:05 am

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Post n°1

Central Bank: Iraq has spent $ 703 billion since 2005

by Rocky Mon 30 Jul 2018, 3:05 am

[ltr]Central Bank: Iraq has spent $ 703 billion since 2005
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[ltr][rtl]Date of release: 2018/7/30 10:18[/rtl] • [rtl]31 times scheduled[/rtl][/ltr]
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[Ayna-Baghdad]
The Central Bank of Iraq announced its preparation to match the foreign revenues of Iraq for the years 2005-2017.
"Since 2003 until recently, the Iraqi economy has witnessed a significant increase in oil resources, accompanied by the rise in international oil prices. Public budget figures have reached high amounts over the past years," the bank said in a statement.
"On the basis of this, there is a lot of debate among specialists and non-specialists about these large dollar revenues and what size and how they were disposed of and the doors of spending, we hear from time to time shaded data based on inaccurate information that harm the reputation of Iraq."
He pointed out that "In order to remove the suspicions and confusion that prevails in this matter, the Central Bank of Iraq as the State Bank and its financial adviser and responsible for the management of the accounts of the Ministry of Foreign Finance to accomplish important work shows the volume of real foreign revenues received by Iraq by preparing a matching of the receipts of Iraqi governments of foreign currency And spending sections for the period from 2005 to 2017. "
The Central Bank said that "the total amount of receipts of the Ministry of Finance from foreign currency, during the years 2005-2017, nearly 706.23 billion US dollars, and the amount of which spent $ 703.11 billion, or 99.5% of the total revenue, and the remaining as at 31/12/2008, 2017 role to the opening balance for the Ministry of Finance at the beginning of 2018.
He pointed out that "this spending is distributed on different doors, the most important of which is the monetary appropriation, which is the Ministry of Finance spend in the general budget, which during the years 2005-2017 amounted to nearly 488.6 billion dollars, or 69.5% of total spending, followed by the Iraqi government revenues for the same period and Through the Iraqi Trade Bank [TBI] $ 156.9 billion, 22.3% of the total expenditure, and then the expenses of the payment of the contractors of oil service contracts and military payments of $ 41.5 billion, or 5.9% of the total expenditure, the remainder, which is 2.3% Of total expenditure has been made to repay debt payments
He pointed out that "the year 2012 is the highest year in terms of revenue with a total revenue of $ 106.23 billion, and 2013 is the highest year in terms of spending, the total expenditure amounted to about 97.45 billion dollars."
The total revenue for the period 2005-2013 grew by 21.7%, compared with 5.4% for the years 2014-2017. Total expenditure grew by 24.3% for the period 2005-2013 and a negative rate of 9.1% for the period 2014-2017. .

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by **Rocky** Mon 30 Jul 2018, 3:21 am

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Post n°2

The Central Bank re-matches the foreign revenues of Iraq for the years 2005-2017

by Rocky Mon 30 Jul 2018, 3:21 am

The Central Bank re-matches the foreign revenues of Iraq for the years 2005-2017

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The Central Bank of Iraq (CBE) on Monday reconciled the foreign revenues of Iraq for the years 2005-2017, explaining that the total receipts of the Ministry of Finance from foreign currency during the previous years amounted to approximately 706.23 billion US dollars.

The Bank said in a statement received by "Economy News", that "since 2003 until recently, the Iraqi economy witnessed a rise in oil resources markedly accompanied by high global oil prices, followed by the numbers of public budgets to high amounts over the past years,

He added that "the total receipts of the Ministry of Finance of foreign currency, during the years 2005-2017 nearly 706.23 billion US dollars, and the amount of which spent $ 703.11 billion, or 99.5% of the total revenue, and remaining as at 31/12/2017 role to Opening balance for the Ministry of Finance at the beginning of 2018.

The statement said that the expenditure is distributed at different sections, the most important of which is the monetary appropriation, which is the Ministry of Finance spending in the public budget. During the years 2005-2017, it amounted to approximately 488.6 billion dollars, or 69.5% of the total expenditure, followed by Iraqi government revenues for the same period. Through the Iraqi Trade Bank (TBI) $ 156.9 billion, 22.3% of the total expenditure, and then the expenses of the payment of the contractors of oil service contracts and military payments amounting to 41.5 billion dollars, or 5.9% of the total expenditure, while the remainder, which is 2.3% % Of total expenditure has been directed to repay d Iraq and other expenditures.

He pointed out that "the year 2012 is the highest year in terms of revenue with a total revenue of $ 106.23 billion, and 2013 is the highest year in terms of spending as the total expenditure of the total of nearly 97.45 billion dollars," noting that "total revenue grew For the period 2005-2013 increased by 21.7%, compared to 5.4% for the years 2014-2017. Total expenditure grew by 24.3% for the period 2005-2013 and a negative rate of 9.1% for the period 2014-2017.

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by **Rocky** Mon 30 Jul 2018, 3:28 am

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Post n°3

The Central Bank announces the amount of foreign revenues received by Iraq in 13 years

by Rocky Mon 30 Jul 2018, 3:28 am

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The Central Bank announces the amount of foreign revenues received by Iraq in 13 years

The Central Bank of Iraq announced on Monday that the total foreign revenues received by Iraq during the past 13 years amounted to more than 706 billion dollars.

The bank said in a statement that "since 2003 until recently, the Iraqi economy has seen a rise in oil resources significantly accompanied by high global oil prices, which have reached the figures of public budgets to high amounts over the past years, and on the basis of this is taking place among specialists and non-specialists debate Many about these large dollar revenues and what size and how they were disposed of and the doors of spending, as we hear from time to time misleading data based on inaccurate information that harm the reputation of Iraq.

The statement added that "In order to remove the suspicions and confusion that prevails in this matter, the Central Bank of Iraq as the State Bank and its financial adviser and responsible for the management of the accounts of the Ministry of Foreign Finance to accomplish important work shows the volume of real foreign revenues received by Iraq by preparing a matching of the receipts of Iraqi governments of the currency Foreign and spending sections for the period from 2005 to 2017. "

He explained that "the total amount of receipts of the Ministry of Finance from foreign currency, during the years 2005-2017 approximately 706.23 billion US dollars, and the amount of which spent $ 703.11 billion, or 99.5% of the total revenue, and the remaining as at 31/12/2017 A role to the opening balance for the Ministry of Finance at the beginning of 2018.

وبين، أن “هذا الانفاق توزع على أبواب مختلفة أهمها التنقيد الديناري وهو ما تقوم وزارة المالية بإنفاقه في الموازنة العامة، اذ بلغ خلال السنوات 2005-2017 ما يقرب 488.6 مليار دولار أي ما نسبته 69.5% من اجمالي الانفاق، يليه استيرادات الحكومات العراقية للمدة نفسها والتي تتم عن طريق المصرف العراقي للتجارة (TBI) بملغ 156.9 مليار دولار بنسبة 22.3% من مجمل النفقات، ومن ثم نفقات تسديد مستحقات مقاولين عقود الخدمة النفطية والمدفوعات العسكرية والبالغة 41.5 مليار دولار أي ما نسبته 5.9% من إجمالي النفقات، أما المتبقي والذي يشكل نسبة 2.3% من الانفاق الكلي فقد وجه لتسديد دفعات ديون العراق وغيرها من النفقات الأخرى”.

"The year 2012 is the highest year in terms of revenue with a total revenue of $ 106.23 billion, and 2013 is the highest year in terms of spending, the total spending amounted to about 97.45 billion dollars," he said, adding that "revenue For the period 2005-2013 grew by 21.7% compared to 5.4% for the years 2014-2017. Total expenditure grew by 24.3% for the period 2005-2013 and a negative rate of 9.1% for the period 2014-2017.

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by **Rocky** Mon 30 Jul 2018, 3:32 am

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Post n°4

The Central Bank announces total foreign revenue over 12 years

by Rocky Mon 30 Jul 2018, 3:32 am

The Central Bank announces total foreign revenue over 12 years

10:48 - 30/07/2018
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Information / Baghdad ..

The central bank announced on Monday that total foreign revenues for the years 2005-2017 reached $ 706.23 billion after matching the Iraqi government's foreign currency receipts and spending doors.

"Since 2003 until recently, the Iraqi economy witnessed a significant increase in oil resources, accompanied by the rise in international oil prices, which resulted in the figures of public budgets to high amounts over the past years," the statement said. The basis for this is the discussion among specialists and non-specialists debate about these large dollar revenues and what size and how they were disposed of and the doors of spending, we hear from time to time shaded data based on inaccurate information that harm the reputation of Iraq.

The statement added that "in order to remove the suspicions and confusion that prevails in this matter, the Central Bank of Iraq as the State Bank and its financial adviser and responsible for the management of the accounts of the Ministry of Foreign Finance to accomplish an important work shows the volume of real foreign revenues received by Iraq by preparing a matching to the receipts of Iraqi governments of foreign currency And spending sections for the period from 2005 to 2017. "

The statement pointed out that "the total amount of receipts of the Ministry of Finance of foreign currency, during the years 2005-2017 nearly 706.23 billion US dollars, and the amount of which spent 703.11 billion dollars, or 99.5% of the total revenue, and the remaining as at 31/12 / 2017 role to the opening balance for the Ministry of Finance at the beginning of 2018 "

The statement said that "this spending is distributed on various doors, the most important of which is the monetary appropriation, which the Ministry of Finance spends in the general budget. During the years 2005-2017, it amounted to approximately 488.6 billion dollars, or 69.5% of total expenditure, followed by Iraqi government revenues for the same period Which is through the Iraqi Trade Bank ( TBI ) $ 156.9 billion, 22.3% of the total expenditure, and then the expenses of the payment of the contractors of oil service contracts and military payments of $ 41.5 billion, or 5.9% of the total expenditure, 2.3% of the total expenditure was paid for Debts of Iraq and other expenses ".

The statement said that "2012 is the highest year in terms of revenue as the total revenue amounted to 106.23 billion dollars, and 2013 is the highest year in terms of spending as the total expenditure amounted to nearly 97.45 billion dollars, noting that the total revenue for the period 2005 - Compared with a growth rate of 5.4% for the years 2014-2017 and for total expenditure grew by 24.3% for the period 2005-2013 and a negative rate of 9.1% for the period 2014-2017. "

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by **Rocky** Mon 30 Jul 2018, 3:50 am

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Post n°5

the Central Bank is identical to the foreign revenues of Iraq for the years 2005-2017

by Rocky Mon 30 Jul 2018, 3:50 am

[size=32]
the Central Bank is identical to the foreign revenues of Iraq for the years 2005-2017[/size]
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2 hours ago

The Central Bank of Iraq (CBE) announced on Monday that it was conducting a study of the financial revenues received by the state from 2005 to 2017.

Since 2003 until recently, the Iraqi economy has witnessed a significant increase in oil resources, accompanied by high international oil prices, which have led to the figures of public budgets to high amounts over the past years.

There is a lot of discussion among the specialists and non-specialists about these large dollar revenues, how much they are, how they were disposed of, and their spending.

The bank said in a statement to Ashfaq News today that it "has completed an important work that shows the size of the real foreign revenues received by Iraq by preparing a matching of the Iraqi government's receipts of foreign currency and the doors of spending for the period from 2005 to 2017."

The statement pointed out that "the total amount of receipts of the Ministry of Finance from foreign currency, during the years 2005-2017 nearly 706.23 billion US dollars, and the amount of which spent $ 703.11 billion, or 99.5% of the total revenue, remaining as at 31/12/2017 A role to the opening balance for the Ministry of Finance at the beginning of 2018.

The statement added that "this spending is distributed at different sections, the most important of which is the monetization of the Ministry of Finance, which is spent by the Ministry of Finance in the period of 2005-2017 amounted to nearly 488.6 billion dollars, or 69.5% of total spending, followed by Iraqi government revenues for the same period Which is through the Iraqi Trade Bank (TBI) $ 156.9 billion, 22.3% of the total expenditure, and then the expenses of the payment of the contractors of oil service contracts and military payments of $ 41.5 billion, or 5.9% of the total expenditure, 2.3% of total expenditure has been paid for Debts of Iraq and other expenses ".

"The year 2012 is the highest year in terms of revenue with a total revenue of $ 106.23 billion, and 2013 is the highest year in terms of spending with a total expenditure of about $ 97.45 billion.

"The total revenue for the period 2005-2013 grew by 21.7% compared to 5.4% for the years 2014-2017, and the total expenditure grew by 24.3% for the period 2005-2013, with a negative rate of 9.1% for the period 2014-2017 ".

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by **Rocky** Tue 31 Jul 2018, 10:27 am

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Post n°6

The Central Bank re-matches the foreign revenues of Iraq from 2005 to 2017

by Rocky Tue 31 Jul 2018, 10:27 am

The Central Bank re-matches the foreign revenues of Iraq from 2005 to 2017
July 31 2018 5:23 PM

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[rtl][rtl]central bank[/rtl]
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Baghdad Post

[rtl]

The Central Bank re-matched the foreign revenues of Iraq for the years 2005-2017, explaining that the total receipts of the Ministry of Finance from foreign currency during the previous years approximately 706.23 billion US dollars.

The bank said in a statement that "since 2003 until recently, the Iraqi economy has seen a rise in oil resources significantly accompanied by high global oil prices, followed by the figures of public budgets to high amounts over the past years, and on the basis of this is taking place among specialists and non-specialists As we hear from time to time misleading data based on inaccurate information that harms the reputation of Iraq, and in order to remove the suspicions and confusion that prevails in the question of the volume of real foreign revenues received by him Iraq, the Central Bank in the preparation of matching the receipts of Iraqi governments of foreign currency and the doors of spending for the period from 2005 to 2017. "

He added that "the total receipts of the Ministry of Finance of foreign currency, during the years 2005-2017 nearly 706.23 billion US dollars, and the amount of which spent $ 703.11 billion, or 99.5% of the total revenue, and remaining as at 31/12/2017 role to Opening balance for the Ministry of Finance at the beginning of 2018.

The statement said that the expenditure is distributed at different sections, the most important of which is the monetary appropriation, which is the Ministry of Finance spending in the public budget. During the years 2005-2017, it amounted to approximately 488.6 billion dollars, or 69.5% of the total expenditure, followed by Iraqi government revenues for the same period. Through the Iraqi Trade Bank (TBI) $ 156.9 billion, 22.3% of the total expenditure, and then the expenses of the payment of the contractors of oil service contracts and military payments amounting to 41.5 billion dollars, or 5.9% of the total expenditure, while the remainder, which is 2.3% % Of total expenditure has been directed to repay d Iraq and other expenditures.

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Re: Central Bank: Iraq has spent $ 703 billion since 2005

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Established in 2006 as a Community of Reality

Established in 2006 as a Community of Reality

Established in 2006 as a Community of Reality

Central Bank: Iraq has spent $ 703 billion since 2005

Central Bank: Iraq has spent $ 703 billion since 2005

Central Bank: Iraq has spent $ 703 billion since 2005

The Central Bank re-matches the foreign revenues of Iraq for the years 2005-2017

The Central Bank announces the amount of foreign revenues received by Iraq in 13 years

The Central Bank announces total foreign revenue over 12 years

the Central Bank is identical to the foreign revenues of Iraq for the years 2005-2017

The Central Bank re-matches the foreign revenues of Iraq from 2005 to 2017

Re: Central Bank: Iraq has spent $ 703 billion since 2005

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