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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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    Learn about the Iraqi government's revenues and expenditures in 2023.. Economic: Decline in net surp

    Rocky
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    Learn about the Iraqi government's revenues and expenditures in 2023.. Economic: Decline in net surp Empty Learn about the Iraqi government's revenues and expenditures in 2023.. Economic: Decline in net surp

    Post by Rocky Sat 27 May 2023, 6:44 am

    [size=35][size=35]Learn about the Iraqi government's revenues and expenditures in 2023.. Economic: Decline in net surplus[/size]
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    Economy

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    2023-05-27 | 06:49
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    Alsumaria News - Economy

    Economic expert Manar Al-Obeidi revealed, today, Saturday, May 27, 2023, the Iraqi government's revenues and expenditures during the first quarter of the current year 2023, indicating that there is an increase in the expenditures of the first quarter of the current year 2023 compared to last year 2022.


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    Al-Obeidi said in a statement received by [url=https://www.alsumaria.tv/Entity/133473/%D8%A7%D9%84%D8%B3%D9%88%D9%85%D8%B1%D9%8A%D8%A9 %D9%86%D9%8A%D9%88%D8%B2/ar/]Alsumaria News[/url], "The financial statements for the first quarter of the fiscal year of the Iraqi government showed a decline in the total net surplus, despite the increase in the value of revenues as a result of somewhat higher oil prices, until it reached the deficit stage in March."



    He added, "In a comparison between the data of the first three months of 2023 with the data of the same months of previous years, a significant increase in expenditures is noted, and expenditures for the month of March 2023 exceeded the barrier of 9.65 trillion dinars."

    And he continued, "The first quarter of 2023 achieved a surplus of 4.6 trillion Iraqi dinars, despite the total revenues being around 27 trillion dinars, while the surplus in the first quarter of 2022 amounted to 11.4 trillion Iraqi dinars, and the total revenues were 35 trillion dinars."

    And he indicated that "the increase in expenses for the first quarter of the current year is due to the increase in exchange rates, such as an increase in salaries, as well as an increase in the bill for paying debts and their interests, as well as an increase in social welfare expenses."

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