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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


    4.372 trillion dinars, an actual deficit for non-oil revenues until February 2023..these are the det

    Rocky
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    4.372 trillion dinars, an actual deficit for non-oil revenues until February 2023..these are the det Empty 4.372 trillion dinars, an actual deficit for non-oil revenues until February 2023..these are the det

    Post by Rocky Sat 06 May 2023, 6:36 am

    [size=35][size=35]4.372 trillion dinars, an actual deficit for non-oil revenues until February 2023..these are the details[/size]
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    [/size]

    Economy

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    May 6, 2023 | 06:50
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    [/size]


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    Alsumaria News - Economy

    Economic expert Nabil Al-Marsoumi said today, Saturday, May 6, 2023, that 4.372 trillion dinars is an actual deficit for non-oil revenues until February 2023.


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    Al-Marsoumi stated in a post, followed by Al-Sumaria News, that "the actual deficit in non-oil revenues achieved until February 2023 is as follows: *

    Non-oil revenues estimated in the 2023 budget = 17 trillion dinars
    * Non- estimated oil revenues until February 2023 = 2.833 trillion dinars




    * Non-oil revenues achieved until February 2023 = - 1.539 trillion dinars
    * Actual deficit of non-oil revenues until February 2023 = 4.372 trillion dinars.

    He added, "It is a strange case in the financial accounts of the country that publishes it[url=https://www.alsumaria.tv/Entity/3238106360/%D9%88%D8%B2%D8%A7%D8%B1%D8%A9 %D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9/ar/]Ministry of Finance[/url]On its website, it may be the reason why non-oil revenues are negative to Qiyam[url=https://www.alsumaria.tv/Entity/3238106360/%D9%88%D8%B2%D8%A7%D8%B1%D8%A9 %D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9/ar/]Ministry of Finance[/url]By purchasing special drawing rights, or to pay tax secretariat amounts, or for any other reason known only to those well-established in the public finances.”

    * Actual deficit in oil revenues
    According to the decree, the actual deficit in oil revenues achieved until April 2023 is as follows:

    * Estimated oil revenues in the 2023 budget = 90 billion dollars
    * Estimated oil revenues during the first trimester 2023 = 30 billion dollars
    * Oil revenues achieved during the first trimester 2023 = 29.916 billion dollars
    * The actual deficit in oil revenues during the first trimester 2023 = 84 million dollars

    Recently, the economist refuted , International Monetary estimates regarding the 2023 triennial budget, among the necessary revenues, the budget achieves a balance between revenues and expenditures

    .[url=https://www.alsumaria.tv/Entity/44814/%D8%B5%D9%86%D8%AF%D9%88%D9%82 %D8%A7%D9%84%D9%86%D9%82%D8%AF %D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%8A/ar/]International Monetary Fund[/url], the budget parity price in 2023 at[You must be registered and logged in to see this link.]It amounts to 75.8 dollars per barrel, and this figure is incorrect because it achieves oil revenues for Iraq amounting to 126 trillion dinars only, while[You must be registered and logged in to see this link.] It needs the price of a barrel of oil to reach $110 in order to achieve oil revenues amounting to 182 trillion dinars, in addition to 17 trillion dinars of non-oil revenues in order for the budget to achieve a balance between revenues and expenditures...with

    apologies
    to the fund experts.[You must be registered and logged in to see this link.]During the current year, 3.5 million barrels were exported annually, according to what was approved by the Sudanese government in its budget for the current year.

    [You must be registered and logged in to see this link.]It is the second largest oil producer in OPEC, and the country relies on revenues from selling crude to cover about 95% of its expenses.

    The price of a barrel of oil is about $70 per barrel in the budget recently approved by the government, with total proposed expenditures amounting to 197.8 trillion dinars ($152.2 billion), according to the Prime Minister.[url=https://www.alsumaria.tv/Entity/4163252486/%D9%85%D8%AD%D9%85%D8%AF %D8%A7%D9%84%D8%B3%D9%88%D8%AF%D8%A7%D9%86%D9%8A/ar/]Mohammed Al-Sudani[/url]Who indicated that this budget will be repeated during the next two years as well.

    The fiscal deficit amounts to 63 trillion dinars ($48.5 billion), according to the official government statement.

    While Iraq is an oil exporter, it imports the main oil derivatives, such as gasoline, gas oil and white oil. According to the ““[You must be registered and logged in to see this link.]The company, more than 5 million tons of oil derivatives were imported last year, at a value of $5.3 billion, compared to 4.7 million tons, at a value of $3.3 billion, in 2021. Gasoline was the most imported, at a value of $3.8 billion, followed by gas oil with more than $1.2 billion.

    Iraq's financial budgets have witnessed a significant gradual rise since the US invasion of the country in 2003, but this did not contribute to improving the Iraqis' living conditions and services.
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