Iraq Bulletin
Business

Iraq revenues will exceed $150 billion this year – financial advisor to PM

Iraq’s revenue will exceed $150 billion this year, according to Mudhar Muhammad Salih, the financial advisor to Iraq’s prime minister. In its analysis and forecast of Iraq’s public revenues during the current year 2022, the International Monetary Fund looks at both oil and non-oil revenues of the federal Iraq.

Iraq revenues will exceed $150 billion this year - financial advisor to PMAccording to the IMF, crude oil exports average 3.4 million barrels per day at an average annual price of $104 per barrel, with non-oil revenue no less than $8-10 billion. By the end of the 2022 fiscal year, the total federal revenue could easily exceed $150 billion when oil revenues from Kurdistan are added.

Related posts

Abdullah bin Zayed chairs the UAE-India Joint Committee

Editor

IsDB Group announces $10.54 billion package to address global food security

Editor

ADCB expands mortgage business

admin