84% of which is oil revenues… Iraq’s revenues exceed 33.7 trillion dinars by the end of May
Data from the Iraqi Ministry of Finance regarding the implementation of the federal budget up to the end of May 2026 showed that total revenues amounted to 33.747 trillion dinars, while oil revenues continued to dominate the state’s resources, constituting 84%.
According to data seen by Shafaq News Agency, oil revenues amounted to 27.270 trillion dinars, compared to 6.477 trillion dinars in non-oil revenues, equivalent to 16% of total revenues. Dailynews reports
On the expenditure side, the data showed that total expenditures amounted to 45.070 trillion dinars, of which 41.908 trillion dinars were current expenditures and 3.094 trillion dinars were for debt servicing, while capital expenditures amounted to 13.6 billion dinars.
Employee “salaries” compensation topped the list of expenditure items with a value of 25.556 trillion dinars, followed by social welfare with about 11.373 trillion dinars, then grants, subsidies, interest and other expenses with a value of 3.301 trillion dinars, in addition to 1.542 trillion dinars for commodity supplies and 108.3 billion dinars for service supplies.
In the investment budget, total spending amounted to 1.627 trillion dinars, with the investment program accounting for 915.9 billion dinars, followed by regional development with 605.9 billion dinars, and then petrodollar projects with 71.4 billion dinars.
As for the sectors, the buildings and services sector accounted for the highest investment spending at 992.4 billion dinars, followed by the transport and communications sector at 269.5 billion dinars, then the industrial sector at 249 billion dinars, and the education sector at 99.9 billion dinars, while the allocations for the agricultural sector amounted to 15.9 billion dinars.
Shafaq.com