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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


    Kurdistan achieves 315 trillion dinars from selling 41.2 million barrels, and Baghdad owes 924 billi

    Rocky
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    • Post n°1

    Kurdistan achieves 315 trillion dinars from selling 41.2 million barrels, and Baghdad owes 924 billi Empty Kurdistan achieves 315 trillion dinars from selling 41.2 million barrels, and Baghdad owes 924 billi

    Post by Rocky Sun Sep 10, 2023 6:02 am

    Kurdistan achieves 315 trillion dinars from selling 41.2 million barrels, and Baghdad owes 924 billion to Erbil

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    Economy News - Baghdad
    Economic expert Nabil Al-Marsoumi revealed on Sunday that the revenues achieved in the Kurdistan region during the first half of 2023 amounted to 315 trillion dinars, while he indicated that Baghdad owes Erbil an amount of 924 billion dinars.
    Al-Marsoumi wrote in a blog post on his personal account on the Facebook platform, followed by Al-Eqtisad News, that “the oil revenues of the Kurdistan region during the first quarter of 2023 amounted to $2.2 billion according to the Deloitte report, while oil revenues during the second quarter of 2023 were $226 million.”
    He added, "The total oil revenues during the first half of 2023 amounted to 2.426 billion dollars, which is equivalent to 3.128 trillion dinars, while the non-oil revenues during the first half of 2023 were 1.848 trillion dinars, while the total public revenues during the first half of 2023 were 4.976 trillion dinars." The region’s total production during the first half of 2023 is 41.2 million barrels.”
    Al-Marsoumi added, "Under the 2023 budget law, Baghdad pays the region $10 for the costs of producing, transporting, and marketing each barrel of crude oil produced, meaning it pays $412 million, equivalent to 535.6 billion dinars, from sovereign expenditures and not from the region's net share."
    He continued, “Under the Financial Management Law, the region receives 50% of non-oil revenues, equivalent to 924 billion dinars during the first half of 2023, and when all of that is subtracted from the region’s total revenues, the net public revenues achieved by the region in the first half of 2023 will equal 2.315 trillion dinars,” pointing out. Until “the response to the numbers is in numbers and not as so-and-so said!!.” According to his expression.
     


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