iraq oil revenues fall short of budget projections
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

PM Haider al-Abadi:

Iraq oil revenues fall short of budget projections

Arab Today, arab today

Arab Today, arab today Iraq oil revenues fall short of budget projections

Prime Minister Haider al-Abadi
Baghdad - Arab Today

Iraq's oil revenues are even lower than projected in the country's already austere 2015 budget, Prime Minister Haider al-Abadi said Saturday, spelling more financial trouble for cash-strapped Baghdad.

"So far, our oil revenues are below what was passed in the budget," Abadi said in televised remarks, without providing exact figures on the shortfall.

Iraq's parliament approved a budget of 119.5 trillion Iraqi dinars in January (about $99.6 billion at the time).

That budget was nearly $3 billion less than the one approved by the cabinet a month before, a decrease due to the falling price of oil, on which its government is almost completely reliant for funds.

Iraq also faces major financial pressure from its battle against the Islamic State jihadist group, which overran large areas of the country a year ago.
Source: AFP

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

iraq oil revenues fall short of budget projections iraq oil revenues fall short of budget projections

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

iraq oil revenues fall short of budget projections iraq oil revenues fall short of budget projections

 



GMT 12:23 2017 Wednesday ,27 September

US environmental lawyer wins Swedish rights prize

GMT 06:27 2017 Wednesday ,29 March

Amazon expands global reach with Souq.com buy

GMT 20:55 2017 Saturday ,21 January

Netanyahu stresses to Iranians “we are friends”

GMT 19:48 2017 Sunday ,22 January

At Least 27 Dead as Train Derails in South India

GMT 22:17 2017 Friday ,11 August

Regional security situation discussed
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday