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    Impact of high oil prices on Iraq’s 2021 budget

    The general budget was approved by the Iraqi Council of Representatives late this year, it was voted on 31 March 2021 with an estimated deficit of 28 trillion dinars for a balance of 129 trillion dinars Against total general revenue 101 trillion dinars of oil revenue were planned at a precautionary oil rate ($45) based on the exchange rate (1450) while total non-oil revenue rose about 20 trillion compared to the 2020 budget.

    LINK: https://www.bayancenter.org/2021/07/7177/