Monday, January 22, 2024

"RV UPDATE" BY CLARE, 23 JAN

 Clare

  Article "Parliamentary Finance Committee: A surplus of more than 10 trillion in the 2023 budget

  Quote "The total revenues of the Iraqi state, as of November 2023, amounted to more than 121 trillion dinars, while expenditures amounted to more than 110 trillion dinars, which means there is a surplus of more than 10 trillion dinars, according to the Iraqi Ministry of Finance .

Article "An exciting statement by Al-Sudani: How will Iraq double its non-oil revenues by 200% in just two years?"  Quote "For oil revenues to be 80% of total revenues, non-oil revenues must be more than 24 trillion dinars, which means doubling them by about 200% of their current number"

 Article "For the first time...the assets of Iraqi banks record an unprecedented number"  quote “the volume of assets of Iraqi banks operating in Iraq amounted to more than 202 trillion dinars, which is the first time that it has exceeded the barrier of 200 trillion dinars.

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EXCERPTS OF MNT GOAT: "WHY WOULD IRAQ EVEN NEED THIS SOVEREIGN FUND?" , 19 SEPT

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