Iraq estimates oil price at $58 per barrel in 2027 federal budget
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Baghdad (IraqiNews.com) – The Iraqi government aims to spend 217 trillion Iraqi dinars (around $166 billion) in 2027, assuming an oil price of $58 per barrel, according to parliamentarians familiar with the draft budget.
The measures would result in a fiscal deficit of around 40 trillion Iraqi dinars (approximately $30.6 billion).
Members of the parliamentary finance committee told Reuters that the draft budget anticipates crude oil exports of around four million barrels per day, inc
The measures would result in a fiscal deficit of around 40 trillion Iraqi dinars (approximately $30.6 billion).
Members of the parliamentary finance committee told Reuters that the draft budget anticipates crude oil exports of around four million barrels per day, inc
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