6 Hrs
Source:
المدى
Al-Mursumi outlines 2027 budget deficit
Nabil Al-Mursomi revealed preliminary figures for Iraq's 2027 budget, which includes total public expenditures of 217.239 trillion dinars against revenues of 174.234 trillion dinars, resulting in an estimated deficit of 43 trillion dinars. The expenditures encompass investment expenses of 47.897 trillion dinars and operational expenses of 169.342 trillion dinars. The main source of revenue is oil, estimated at 144.720 trillion dinars, including 127.020 trillion dinars from crude oil exports, along with income from other minerals and non-oil sources. The planned budget deficit is approximately 43 trillion dinars, a significant percentage that indicates the economic challenges Iraq faces in implementing the 2027 budget.
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