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The Sudanese advisor indicates a major development in Iraq’s financial capabilities during 2024
September 28 13:32
Information/Baghdad...
Today, Saturday, Mazhar Muhammad Salih, economic affairs advisor to Prime Minister Muhammad Shiaa al-Sudani, highlighted the development of Iraqi financial capabilities during 2024. Saleh said in a statement to the Al-Ma’louma Agency,
“The semi-annual oil revenues for the year 2023 amounted to 53.88 trillion dinars, while they rose during 2024 to more than 58.80 trillion dinars.” He added,
"Non-oil revenues amounted to approximately 0.42 trillion dinars during the six months of the year 2023, and at the end of the first half of the year 2024 they reached 7.18 trillion dinars." Saleh pointed out that
"there is a significant development in public financial capabilities during the year 2024 by maximizing Iraq's resources from non-oil sources."
On Monday, June 12, 2023, the House of Representatives approved the financial budget law for the three years 2023, 2024, and 2025, as the budget approved more expenditures and investments as a direct result of the increase in oil revenues, which constitute 90% of the country’s revenues at a price of $70 per barrel. Ended / 25 Q
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September 28 13:32
Information/Baghdad...
Today, Saturday, Mazhar Muhammad Salih, economic affairs advisor to Prime Minister Muhammad Shiaa al-Sudani, highlighted the development of Iraqi financial capabilities during 2024. Saleh said in a statement to the Al-Ma’louma Agency,
“The semi-annual oil revenues for the year 2023 amounted to 53.88 trillion dinars, while they rose during 2024 to more than 58.80 trillion dinars.” He added,
"Non-oil revenues amounted to approximately 0.42 trillion dinars during the six months of the year 2023, and at the end of the first half of the year 2024 they reached 7.18 trillion dinars." Saleh pointed out that
"there is a significant development in public financial capabilities during the year 2024 by maximizing Iraq's resources from non-oil sources."
On Monday, June 12, 2023, the House of Representatives approved the financial budget law for the three years 2023, 2024, and 2025, as the budget approved more expenditures and investments as a direct result of the increase in oil revenues, which constitute 90% of the country’s revenues at a price of $70 per barrel. Ended / 25 Q
[You must be registered and logged in to see this link.]
