The Central Bank of Iraq announces an increase in state revenues and expenditures during May.
The Central Bank of Iraq revealed on Tuesday that public revenues and expenditures increased during the month of May.
The bank stated in official statistics reviewed by Shafaq News Agency that public revenues for May rose to 46 billion and 157 million dinars, compared to 36 billion and 586 million dinars in April.
He added that the revenues were distributed between tax revenues amounting to 1.602 billion dinars, and other revenues amounting to 44.555 billion dinars.
He pointed out that the state’s public expenditures also increased, reaching 46 billion and 979 million dinars, compared to 37 billion and 586 million dinars in April.
The Central Bank explained that expenditures included current expenditures amounting to 43.951 billion dinars and investment expenditures amounting to 3.028 billion dinars, noting that the deficit between revenues and expenditures amounted to 822 million dinars.
Shafaq.com