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

[yota691]

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

 

Iraqi bank employee «Internet»

money and business 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 is 12.8 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 Views 187   Date Added 29/08/2018

[steveh12]

I will take 13 trillion please! 😎

[Hotcurl]

Nice budget SURPLUS  numbers for the 1st half of 2018.

These should get significant attention in the financial world.

Hopefully these are an indication of the economic growth and economic stability to come in the near future.

 

Semper Fi

 

RV there yet ?

PS - $ 1.30 on the exchange rate works of me .....................

[Freedomwish]

38 minutes ago, Hotcurl said:

PS - $ 1.30 on the exchange rate works of me .....................

 

😎👍🍺

[ChuckFinley]

3 hours ago, steveh12 said:

I will take 13 trillion please! 😎

I have direct deposit. Does that help.

[new york kevin]

So with the 6 million positive steps in the right direction, RV now for goodness sakes.

[bkeiller]

So, is the surplus for the whole year (covered) and then some, or are they just ahead $12.3 billion for the first six months and could be short if the oil prices fell quickly? 

Big difference, but I don't know how to understand it.

Edited August 30, 2018 by bkeiller

[SupraRacer]

Make sure the Malarky stays away from it. 

 

SR

[Butifldrm]

Figures: Iraq's financial surplus in 6 months

2 hours ago

NRT

According to data published on the website of the Ministry of Finance on the general budget for 2018, the surplus achieved during the first half of this year, amounted to 14.798 trillion dinars .

According to these data, the operating expenses amounted to 29,001 trillion dinars, while investment investments amounted to 1,486 trillion dinars, while the total expenditure was 30,486 trillion dinars, and the general revenues without oil revenues of the Kurdistan Region 45,285 trillion dinars, thus the financial surplus is 14,798 Trillion dinars.

Commenting on the figures, Basra University professor of economics, Nabil Mersoumi, wrote in a personal page on Facebook on Tuesday, September 11, that "if there was a rational administration of the Iraqi economy to invest this surplus in the establishment of strategic projects that provide hundreds of thousands Of jobs rather than falsely claiming a financial crisis in Iraq . "

It is worth mentioning that the MP for the coalition, "Suron" Magda Tamimi, described during the parliamentary session on Basra last Saturday, who says that there is a financial crisis in Iraq as a "liar", where she stressed that "talk about the lack of funds to Iraq, is not true , And who says that he is a liar .

R.

http://www.nrttv.com/AR/News.aspx?id=4287&MapID=2