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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

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    In numbers... the state's accounts until October 2022

    rocky
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    In numbers... the state's accounts until October 2022 Empty In numbers... the state's accounts until October 2022

    Post by rocky Thu 08 Dec 2022, 5:06 am

    In numbers... the state's accounts until October 2022

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    Economy News-Baghdad
    The economist, professor of economics at the University of Basra, Nabil Al-Marsoumi, revealed the financial accounts during 2022 until October.
    Al-Marsoumi stated in a post, that “the financial accounts until October 2022 were as follows”:
    Public expenditures = 86.690 trillion dinars
    Operational expenses = 79.738 trillion dinars
    Investment expenditures = 6.951 trillion dinars
    Ratio of operating expenses to general expenses = 92%
    Ratio of investment expenditures to public expenditures = 8%
    Employee salaries = 36.322 trillion dinars
    Social welfare = 20.628 trillion dinars
    Public revenues = 136.262 trillion dinars
    Oil revenues = 129.945 trillion dinars
    Non-oil revenues = 6.316 trillion dinars
    The ratio of oil revenues to public revenues = 95%
    The ratio of non-oil revenues to public revenues = 5%
    The total budget advances = 13.151 trillion dinars
    Actual overheads with advances = 99,841
    The achieved financial surplus = 136.262 - 99.841 = 36.421 trillion dinars
    And he indicated, "This means that the average monthly spending amounts to 10 trillion dinars per month, and public expenditures will reach about 120 trillion dinars at the end of 2022."
    He pointed out that “the financial accounts do not include the expenses of the oil licensing companies, which amount to 15 trillion dinars. When taking these expenses into account, the public expenditures amount to about 135 trillion dinars at the end of this year, and therefore the next year’s budget will not decrease from this number.” Accordingly, the budget parity price will be 73 dollars per barrel, with exports of 3.3 million barrels per day, in addition to non-oil revenues.


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