And Iraq Wanted To Cross The “Trillion” Barrier Of Iraqi Dinars
And Iraq Wanted To Cross The “Trillion” Barrier Of Iraqi Dinars
12/11/2021 | 5:39 PM
Information / Baghdad..
The economic expert, Manar Al-Obaidi, stated, on Saturday, that Iraq’s imports exceeded the trillion Iraqi dinars barrier.
Al-Obaidi said, in a post on his Facebook page, that “Iraq’s imports for the years (2011-2021) amounted to more than one trillion Iraqi dinars (1,000 trillion Iraqi dinars), noting that “the share of oil revenues, including 912 trillion Iraqi dinars, represents 90% of all revenue.
He added, “The total expenditures of the Iraqi state over these years are 1.017 trillion Iraqi dinars, operating expenses amounted to 776 trillion Iraqi dinars, while investment expenses amounted to 241 trillion Iraqi dinars.”
He pointed out that “each Iraqi’s share of the total revenue is 28 million Iraqi dinars.”
He pointed out that “the total cumulative deficit for the past eleven years is about 12 trillion Iraqi dinars.” finished/25h
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