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Iraq achieves surplus of 14.9 trillion dinars during the first half of this year

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Iraq achieves surplus of 14.9 trillion dinars during the first half of this year

Post  RamblerNash on Wed Aug 29, 2018 11:12 am

Iraq achieves surplus of 14.9 trillion dinars during the first half of this year

Iraqi bank employee «Internet»

Economy News Baghdad:

The Ministry of Finance announced that Iraq achieved a surplus of 14.9 trillion dinars, "12.3 billion dollars" during the first half of this year.

The Ministry of Finance said in a report published on its website titled "The State Account until June 2018" and read by "Economy News" that the total state expenditure during the first half of this year amounted to 30.4 trillion dinars, divided into 29 trillion dinars as an operational budget and 1.48 trillion dinars As an investment budget, indicating that total revenues during the first half of the year amounted to 45.3 trillion dinars.

She added that the total oil revenues 40 trillion dinars, accounting for 88% of total public revenues, while non-oil revenue 5.21 trillion dinars, accounting for 12% of total revenue.

According to the report, the size of the surplus amounts to 14.9 trillion dinars, representing 12.3 billion dollars, while the Ministry of Finance ranked first in the most ministries spending of 7.45 trillion dinars, and then the Ministry of the Interior of 5 trillion dinars.

To download the report click here


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