Iraq’s financial revenues hit $30 billion in seven months
What the source reports
Baghdad (IraqiNews. com) – The Iraqi Ministry of Finance revealed on Sunday that the country’s total revenues reached approximately 39. 09 trillion Iraqi dinars (nearly $30 billion) until the end of July 2026, with oil revenues accounting for about 78 percent of total state resources. The revenues from oil exports totaled over 30. 35 trillion Iraqi dinars (approximately $23. 24 billion). In comparison, non-oil revenues amounted to 8. 74 trillion Iraqi dinars (nearly $6. 7 billion), which represented about 22 percent of the total income. The figures indicated that total revenues of 39.
09 trillion Iraqi dinars (approximately $30 billion) were offset by total expenditures of approximately 65. 42 trillion Iraqi dinars (about $50. 09 billion), resulting in a deficit of 26. 32 trillion Iraqi dinars ($20. 15 billion). Iraq’s financial revenues between January and April surpassed 31. 16 trillion Iraqi dinars ($23. 6 billion). Oil sales during the first four months of 2026 produced 26. 12 trillion Iraqi dinars (approximately $19. 9 billion), accounting for 84 percent of overall state income, while non-oil revenues were around 5. 04 trillion Iraqi dinars (around $3. 84 billion).…
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