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Trillion figures hit the Iraqi state treasury and expenditures are at the top of expenditures
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2024-04-04 05:30
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2024-04-04 05:30
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Shafaq News/ The Future Iraq Center, which specializes in economic affairs, revealed on Thursday that state expenditures from the budget increased significantly during the month of January 2024 compared to last year, while indicating a slight decline in oil revenues.
The center’s director, Manar Al-Obaidi, said in a statement received by Shafaq News Agency, “Government salary expenditures for the month of January 2024 increased by 13.8%, at a rate of four trillion dinars, compared to the same period last year.”
He added, "Social care expenditures for the same month also increased by 20.4%, amounting to 1.8 trillion dinars, and total current expenditures also increased by 20% to reach 6.5 trillion dinars, after they were 5.5 trillion dinars last year."
Al-Obaidi pointed out that “total government expenditures for the month of January 2024 increased by 37% compared to the same period last year, bringing total expenditures to 8.8 trillion dinars, compared to 6.4 trillion dinars.”
He pointed out that "oil revenues decreased by 0.1% compared to January 2023 to reach 10.27 trillion dinars after it was 10.28 trillion dinars," noting that "non-oil revenues rose to reach 1.26 trillion dinars."
Al-Obaidi concluded by saying that “total government revenues in January 2024 rose to 11.5 trillion dinars from 7.7 trillion dinars,” stressing that “the data received were based on the data of the Iraqi Ministry of Finance.”
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The center’s director, Manar Al-Obaidi, said in a statement received by Shafaq News Agency, “Government salary expenditures for the month of January 2024 increased by 13.8%, at a rate of four trillion dinars, compared to the same period last year.”
He added, "Social care expenditures for the same month also increased by 20.4%, amounting to 1.8 trillion dinars, and total current expenditures also increased by 20% to reach 6.5 trillion dinars, after they were 5.5 trillion dinars last year."
Al-Obaidi pointed out that “total government expenditures for the month of January 2024 increased by 37% compared to the same period last year, bringing total expenditures to 8.8 trillion dinars, compared to 6.4 trillion dinars.”
He pointed out that "oil revenues decreased by 0.1% compared to January 2023 to reach 10.27 trillion dinars after it was 10.28 trillion dinars," noting that "non-oil revenues rose to reach 1.26 trillion dinars."
Al-Obaidi concluded by saying that “total government revenues in January 2024 rose to 11.5 trillion dinars from 7.7 trillion dinars,” stressing that “the data received were based on the data of the Iraqi Ministry of Finance.”
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