Iraq's revenues and expenditures during 2022.. investment spending is only 10%, and a financial surplus of nearly 30 trillion dinars[ltr][You must be registered and logged in to see this link.]
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Today, Thursday, the economist Nabil Al-Marsoumi revealed the data and indicators of the Iraqi state’s accounts for the year 2022, as the total spending amounted to about 117 trillion dinars, of which investment spending accounted for only 10%, while the financial surplus amounted to nearly 30 trillion dinars.
Al-Marsoumi stated, in a clarification received by "Baghdad Today", that "public expenditures during 2022 amounted to 116.959 trillion dinars, including: operating expenses = 104.941 trillion dinars, and investment expenses = 12.018 trillion dinars."
He explained that "the ratio of operating expenses to general expenditures amounted to 90%, while the ratio of investment expenditures to general expenditures was 10%."
He explained that "public revenues amounted to 161.697 trillion dinars, including: oil revenues = 145.038 trillion dinars, non-oil revenues = 7.658 trillion dinars, as the percentage of oil revenues to total revenues reached 95%, while the percentage of non-oil revenues to total revenues amounted to 5%."
The total public expenditures with total advances amounted to 131.823 trillion dinars, so the fiscal surplus achieved for the year 2022 amounted to 29.874 trillion dinars.