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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    The accounts of the Iraqi state within 10 months: 92% of the spending is operational... and only 1%

    Rocky
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    The accounts of the Iraqi state within 10 months: 92% of the spending is operational... and only 1% Empty The accounts of the Iraqi state within 10 months: 92% of the spending is operational... and only 1%

    Post by Rocky Wed 07 Dec 2022, 6:36 am


    [size=30]The accounts of the Iraqi state within 10 months: 92% of the spending is operational... and only 1% went to invest in agriculture and industry

    2022-12-07
    [/size]
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    Yes Iraq: Baghdad

    The accounts of the Iraqi state give a complete picture of the spending mechanisms and priorities of the Iraqi state, as investment expenditures amounted to only 8% of the total expenditures.
    The total revenues of Iraq during the 10 months of this year amounted to 136.2 trillion dinars, oil revenues represented 95% of the total revenues, while non-oil revenues amounted to only 5%.
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    Total expenditures amounted to 86.6 trillion dinars, of which 92% came from operating expenses, while investment spending reached 8%.
    And the state accounts, which were reviewed by “Yass Iraq”, showed that operating expenses amounted to 79.7 trillion dinars, 54% of which were compensation and employee salaries.
    On the other hand, investment expenditures amounted to 6.9 trillion, and spending on buildings and services amounted to 3.5 trillion dinars, transportation and communications more than 2 trillion dinars, the agricultural sector only 90 billion dinars, and the industrial sector only 792 billion dinars.
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    It is clear that about 80% of the investment expenditures went to buildings, services, and the transportation and communications sector, while the industrial and agricultural sectors shared only 20% of the expenditures, at a time when Iraq lacks the activity of these two sectors.
    In sum, the investment spending on the agricultural and industrial sectors, compared to the total expenditure, amounted to only 1% of the total expenditure of 86.6 trillion dinars.
    While Iraq's revenues amounted to 136.2 trillion dinars, and spending amounted to 86.6 trillion dinars, which means that the surplus amounted to 49.6 trillion dinars.
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