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77 trillion dinars is the country's revenue in 7 months
Economic 2024/09/11
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The Ministry of Finance revealed yesterday, Tuesday, that the size of Iraqi revenues in the federal budget during 7 months exceeded 77 trillion dinars, confirming that the oil contribution to the budget remains at about 89%. According to the calculations for January, February, March, April, May, June and July of the current fiscal year, which showed that oil is still the main resource for Iraq's general budget, as it amounted to 89%, indicating that the rentier economy is the basis of the country's general budget. The financial tables indicated that the total revenues for seven months of the current year amounted to 77 trillion, 475 billion, 502 million, 239 thousand and 546 dinars, indicating that the total advances amounted to 15 trillion, 664 billion, 477 million, 820 thousand and 559
Dinars. According to the financial tables, oil revenues amounted to 69 trillion, 55 billion, 827 million, and 984 thousand dinars, which constitutes 89% of the general budget, while non-oil revenues amounted to 8 trillion, 317 billion, 883 million, and 512 thousand.
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