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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


    During 2023.. Iraq spent 7 trillion more than its revenues, and 40% of its expenses went to salaries

    Rocky
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    During 2023.. Iraq spent 7 trillion more than its revenues, and 40% of its expenses went to salaries Empty During 2023.. Iraq spent 7 trillion more than its revenues, and 40% of its expenses went to salaries

    Post by Rocky Sun 25 Feb 2024, 6:43 am

    [size=35][size=35]During 2023.. Iraq spent 7 trillion more than its revenues, and 40% of its expenses went to salaries[/size]
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    Economy

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    02-25-2024 | 05:49
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    Al-Sumaria News - Economy

    The Iraqi state's accounts for the past year, 2023, revealed the volume of spending and revenues, and the distribution of spending method, as employee salaries constituted the largest volume of spending and amounted to 40%, while the industrial sector topped the investment spending file during the past year.


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    According to the data seen by Al-Sumaria News, Iraq spent more than 142 trillion Iraqi dinars during the past year 2023, while its revenues amounted to more than 135 trillion dinars, meaning that the deficit rate is 5%, or in other words, Iraq spent 7 trillion more than its revenues. Dinar.



    Current expenditures represented 83% of total public spending, while investment spending constituted 17% of total spending, amounting to more than 24 trillion dinars.

    The industrial sector topped the investment spending file at 11 trillion dinars, which constitutes 45% of total investment spending.

    Employee salaries constituted the largest proportion of spending, amounting to more than 57 trillion dinars, equivalent to 40% of total spending.
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