Iraqi Dinar 123 News: – On Monday, revenues for the financial year 2015 Iraqi federal budget recorded at 94 Thousand and 48 billion 364 million 139 thousand dinars. Dr. Hussein the Director General of the facts of Iraq Department issued a statement that the Gazette showed the estimated revenues by exporting Iraqi crude oil at the rate of 56 dollars per barrel and 3 million 3 hundred thousand barrels per day, also including 2 hundred 50 thousand barrels per day by the various products of crude oil from the Kirkuk province.
He also added that the second chapter in the fiscal year 2015 budget is dedicated for the deficit and expenses. According to the law of this chapter, defines the overall planned deficit for the budget 2015 is estimated at 25 thousand 4 hundred 10 dollars and 65 million 4 hundred 12 thousand dinars. The House of Representatives have been voted on the second legislative term and the draft law for the federal budget 2015 is estimated at the value of 119.5 trillion Iraqi dinars and the deficit is estimated at 25 trillion dinars.