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Finance: 54 trillion dinars, Iraq's revenues in 6 months
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Economy News-Baghdad
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Added 08/20/2023 - 2:23 PM
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Economy News-Baghdad
On Sunday, the Iraqi Ministry of Finance announced that the country's revenues during the first six months of the year 2023 amounted to more than 54 trillion dinars, indicating that the contribution of oil to the federal budget rose to 97%.
And the ministry confiscated tables and data in the current month of August for the semi-annual accounts of the year 2023, which was viewed by Al-Iqtisad News, that oil is still the main resource for Iraq's general budget, reaching 97%, which indicates that the rentier economy is the basis for Iraq's general budget.
The financial tables indicated that the total revenues for the month of May amounted to 54 trillion and 308 billion and 339 million and 824 thousand and 760 dinars, after excluding the transfer revenues of two trillion and 142 billion and 885 million and 417 thousand dinars, indicating that the total expenditures with advances amounted to 46 trillion and 484 billion and 966 million and 743 Thousand dinars.
According to the financial tables, oil revenues amounted to 35 trillion 887 billion 299 million 711 thousand 339 dinars, which constitute 97% of the general budget, while non-oil revenues amounted to 2 trillion 534 billion 765 million 62 thousand and 152 dinars.
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Added 08/20/2023 - 2:23 PM
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