2026-10-21T12:07:12+00:00
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Shafaq News- Baghdad
Iraq recorded approximately 45.355 trillion dinars ($29.84
billion) in federal budget revenues through the end of August 2026, with oil
accounting for around 77% of total state revenue, according to Finance Ministry
data.
Reviewed by Shafaq News, the figures show that oil revenues
reached approximately 34.726 trillion dinars ($22.85 billion), while non-oil
revenues totaled around 10.629 trillion dinars ($6.99 billion), representing
about 23% of the total.
Total expenditure, meanwhile, reached approximately 75.787
trillion dinars ($49.86 billion), leaving a budget deficit of around 30.432
trillion dinars ($20.02 billion) during the first eight months of the year.
Employee compensation accounted for the largest share of
current spending, at approximately 40.994 trillion dinars ($26.97 billion),
followed by social welfare expenditure at around 18.443 trillion dinars ($12.13
billion). Grants, subsidies, interest payments, and other expenses totaled
approximately 6.011 trillion dinars ($3.95 billion).
Spending on commodity supplies reached around 2.454 trillion
dinars ($1.61 billion), while expenditure on services totaled approximately 156
billion dinars ($102.6 million). Maintenance of assets accounted for about 48.5
billion dinars ($31.9 million).
Debt servicing totaled approximately 7.561 trillion dinars
($4.97 billion) through the end of August, while capital expenditure stood at
around 30.1 billion dinars ($19.8 million), according to the ministry’s
economic classification of spending.