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Tag: Oil Revenues

Iraqi Oil Ministry declared total amount of Oil Exports and Revenues in October 2019

Iraqi Oil Ministry declared total amount of Oil Exports and Revenues in October 2019

The Iraqi Oil Ministry has announced the total amount of exports and revenues for the month of October 2019. The total amount of oil exports rose from September. A spokesman for the Iraqi Oil Ministry, Asim Jihad said in a press statement that the total amount of crude oil exported for the month of October from central and southern Iraqi oil fields amounted to 103 million, 540 thousand, and 855 barrels. The statement further said the exported quantities amounted to…

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Al-Khuzai Warned a Severe Economic Crisis in Iraq due to a Sharp Decline in State Revenues

Al-Khuzai Warned a Severe Economic Crisis in Iraq due to a Sharp Decline in State Revenues

On Monday, a member of the Iraqi parliamentary committee for the implementation of the government program, Anaam al-Khuzaie has indicated the rates of a sharp decline in the state’s oil and non-oil revenues. He also warned about an expected severe economic crisis in Iraq. Khuzai said, “The fourth axis of which focused on maximizing non-oil revenues, such as taxes and customs. And monitoring public debt to ensure that it remains within the limits of financial sustainability is contrary to the…

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Strategic plan for the advancement of economic sectors

Strategic plan for the advancement of economic sectors

DEPUTY CALLS FOR THE GOVERNMENT TO DEVELOP A STRATEGIC PLAN FOR THE ADVANCEMENT OF ECONOMIC SECTORS Baghdad (news) .. MP / coalition of Kurdish blocs / Sheriff Soliman, the government need to develop a strategic plan for years to activate the economic sectors and advancement, especially the sectors of agriculture and industry. Sulaiman said (of the Agency news): The government is required to develop a plan last year for the purpose of rehabilitation and activation of sectors Industry, agriculture, investment,…

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oil revenues, just behind the high rate of inflation

oil revenues, just behind the high rate of inflation

A MEMBER OF THE ECONOMIC COMMISSION: IRAQ’S DEPENDENCE ON OIL REVENUES, JUST BEHIND THE HIGH RATE OF INFLATION Baghdad (news) … A member of the Committee on Economy and Investment MP / National Alliance / Hussain Mura’bi, that the economic situation is stable in the country led to the high rate of inflation. said Mura’bi (of the Agency news): One of the main factors that led to the high inflation rate in Iraq is relying on revenue oil only in the budget either the agricultural sector, tourism and industrial…

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