Parliament approves the budget of 2019 with a deficit of 27.54 trillion dinars
Voted the House of Representatives at dawn on Thursday, the state budget law for 2019.
Political sources said that more than 20 new articles were added to the draft budget, and some materials were rejected.
The budget estimate was estimated at 105 trillion Iraqi dinars (88 billion US dollars) on the basis of the price of selling a barrel of oil at $ 56 and the export of 3.88 million barrels per day.
Total revenue includes about KD 93.74 trillion in oil revenues, along with KD 11.8 trillion in non-oil revenues.
The budget estimated the total expenditure at about 133.1 trillion dinars, including about 33 trillion dinars for project expenditures, and 100 trillion dinars current expenditures.
As for the deficit, the budget deficit was estimated at 27.54 trillion dinars ($ 19.2 billion), which is covered by external and internal borrowing, and surplus in case of oil prices.
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