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The total revenues of the Kurdistan Region (oil and non-oil) in July 2022 that returned to the government was (1 trillion and 106 billion) dinars.

The total oil revenue of the Kurdistan Region in July was (2 trillion and 106 billion) dinars, more than (1 trillion) dinars went to the expenditure of the oil process and (1 trillion and 106 billion) dinars remained for the government treasury.

Non-oil revenues

• Non-oil revenues for July = (287 billion) dinars (according to the latest statements of the Minister of Finance)

• International Coalition financial assistance to the Peshmerga forces = (31 billion 500 million) dinars

• Kurdistan Region's share of the Iraqi budget = (0) dinars

Oil revenues (pipeline exports)

• In July 2022, the Kurdistan Region exported 12 million 340 thousand barrels of oil through the Turkish Port of Jayhan.

• Average Brent oil price for July was ($111.93).

• Because the region sells its oil for $12 less, it sells oil at an average of $99.93

So: (12 million 340 thousand) barrels X (99.93) dollars = (1 billion 233 million 136 thousand 200) dollars.

• According to the latest Deloitte report, 56% of oil revenues are spent on expenditures and 44% remains for the government

So: (1 billion 233 million 136 thousand 200) dollars X (56%) = (690 million 556 thousand 272) dollars go to the cost of the oil process.

   And (1 billion 233 million 136 thousand 200) dollars X (44%) = (542 million 579 thousand 728) dollars remaining oil revenue for KRG

Total Revenue in July 2022 (Dinar)

(786 billion 740 million 895 thousand 600) IQD oil revenue + (287 billion) IQD local revenue + (31 billion 500 million) IQD Financial assistance = (1 trillion 105 billion 240 million 895 thousand 600) dinars