Import Control Authority: State revenues up to last August amounted to approximately 45.355 trillion dinars
Import Control Authority: State revenues up to last August amounted to approximately 45.355 trillion dinars
10-31-2026
The General Authority for Monitoring the Allocation of Federal Revenues announced on Saturday that revenues reached approximately 45.355 trillion dinars by the end of August. It also indicated that 77% of Iraq’s revenues up to August 2026 were oil-related. The head of the General Authority for Monitoring the Allocation of Federal Revenues, Suzan Abdullah Mohammed, told the official news agency that “the 2027 budget is still in the drafting stage and has not been approved in its final form, and amendments and discussions are still ongoing regarding it.”
She stressed that “the Commission’s participation in reviewing the foundations and standards for distributing federal resources is not a formal procedure, but rather a necessity to ensure fairness and transparency, and to enhance the integrity of decisions related to the allocation of public funds, in accordance with Article (106) of the Iraqi Constitution.”
Abdullah also pointed out that “the General Authority for Monitoring the Allocation of Federal Revenues relies in carrying out its duties on constitutional and legal foundations, foremost among them Article (106) of the Iraqi Constitution and the Authority Law No. (55) of 2017, in a manner that ensures transparency and fairness in the allocation of federal resources.”
She continued: “In our oversight work, we focus on verifying the accuracy of financial data, monitoring revenues from the accrual stage, collection and deposit into the public treasury, up to the allocation and distribution of resources, as well as monitoring financial deviations and enhancing proactive oversight.”
She added that “to illustrate the importance of this, the Ministry of Finance data up to August 31, 2026 indicates that revenues amounted to about 45.355 trillion dinars, of which 34.726 trillion dinars were oil revenues, representing 77%, and 10.629 trillion dinars were non-oil revenues, representing 23%, while total spending amounted to about 78.9 trillion dinars, of which about 75.8 trillion dinars were current spending and 3.1 trillion dinars were investment spending, with a gap between revenues and expenditures of approximately 33.6 trillion dinars.”
burathanews.com
