About $100 billion Iraqi oil revenues in 10 months
According to the statistics of "SOMO" company, seen by Shafaq News agency, "the revenues of the Iraqi oil source during the first ten months of the current year 2022 amounted to 99 billion 646 million 786 thousand 336 dollars, at a monthly rate of 9 billion 964 million 678 million 633 dollars."
And she added, "These revenues increased from last year 2021 by 65 percent, as the financial revenues amounted to 60 billion, 648 million, 11 thousand, 368 dollars, at a rate of 6 billion, 64 million, 801 thousand and 136 dollars."
And she indicated that "the month of May of the current year 2022 witnessed the highest financial revenue from oil sales, amounting to 11 billion, 477 million, 514 thousand and 4 dollars, while the month of January was the lowest month in terms of revenues, as it amounted to 8 billion and 322 million 679 thousand and 526 dollars." .
Iraq relies 96 percent on oil revenues in its general budget, and the previous government was subjected to great pressures with its inability to pay employee salaries and other operating expenses as a result of the drop in oil prices below $30 a barrel at the beginning of 2020 with the spread of Covid-19 disease before it returned. Prices to go up again.
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