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Economist: Iraq achieved about 90 trillion dinars in oil export revenues for 2019
18:55 - 15/12/2019
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Economic expert Majid Al-Suri announced, on Sunday, that [You must be registered and logged in to see this link.] achieved revenues from oil exports for 2019 of about 90 trillion dinars, stressing that those revenues did not cover the deficit in the budget for the current year.
Al-Suri told Al-Maaluma that "the estimated deficit in the 2019 budget is my guess, and it is hoped that part of it will be blocked in case oil exports or the price of a barrel rise."
He added that "the price of the barrel remained volatile and the oil quantities approved in the budget did not exceed the ceiling and most months did not reach what was set," noting that "the slight rise in oil prices from what was specified in the budget did not fill the deficit."
He explained that "the total oil revenue achieved by [You must be registered and logged in to see this link.] during the current year ranges between 80 to 86 billion dollars, or approximately 90 trillion dinars." Ended 25 and
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