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KRG announced its expenditure and revenue for the past three years

2022-09-13 16:09:23

Draw Media

The total revenue of the (KRG) in the past three years was 46.3 trillion dinars, while the total expenditure was 49.9 trillion dinars, said spokesman Jutiar Adel.

Total revenue of the KRG in the past three years:

The total revenue of the (KRG), which includes oil, non-oil, Iraqi government and coalition funding, was 46.3 trillion dinars.

Total expenditure of the KRG in the past three years:

The total expenditure of the (KRG), which includes salaries, oil expenditures, operation, investment and rent of power plants, as well as repayment of some debts, was 49.8 trillion dinars.

Regarding the total revenue from oil sales, 55% of the revenue was spent on production, export, storage and transportation, and 45% returned to the government treasury as net revenue.

Project expenditures during the past three years

The ninth cabinet of the Kurdistan Regional Government (KRG) has spent 840 billion dinars on 884 projects in the past three years.

- In 2019, 243 billion dinars.

- In 2020, 151 billion dinars.

- In 2021, 446 billion dinars was spent on projects.

Expenditure by Sector:

Roads: 392 billion

Municipalities: 282 billion

Electricity: 25 billion

Silos (Agriculture): 37 billion

Education: 26 billion

Housing: 25 billion

Dams: 22 billion

Other sectors: 31 billion

About the Investment Board:

Kurdistan Regional Government (KRG) spokesman said: in addition to the projects carried out by the government itself, the (KRG) has licensed several projects in the investment sector to create job opportunities for the citizens of the Kurdistan Region through the private sector and more than 120,000 jobs have been created directly through this project, as follows:

First year:

In the first year of the ninth cabinet of the Kurdistan Regional Government, the Investment Board licensed 43 projects with a capital of $ 902 million on ​​875 dunams of land in the following sectors:

1. Industry: 12 projects with a capital of $357 million.

2. Housing: 5 projects with a capital of $375 million.

3. Education: 7 projects with a capital of $44 million.

4- Tourism: 6 projects with a capital of $30 million.

5- Sports: 3 projects with a capital of $30 million.

6. Commerce: 6 projects with a capital of $43 million.

7- Health: 3 projects with a capital of $20 million.

8- - Agriculture: 1 project with a capital of $3 million.

Second year:

In the second year of the Investment Board has licensed 87 projects with a capital of 7 billion 304 million dollars on ​​7075 dunams of land in the following sectors:

1. Industry: 29 projects with a capital of $1.13 billion.

2. Housing: 4 projects with a capital of $430 million.

3. Education: 5 projects with a capital of $26 million

4. Tourism: 15 projects with a capital of $5.6 billion.

5. Sports: 1 project with a capital of $2 million

6. Business: 19 projects with a capital of $309 million.

7. Health: 6 projects with a capital of $53 million.

8. Agriculture: 5 projects with a capital of $227 million.

9. Art: 1 project with a capital of $9 million.

10. Services: 2 projects with a capital of $58 million.

Third year:

In the third year of the ninth cabinet of the Kurdistan Regional Government, licenses were given to 64 projects with a capital of 2 billion 945 million on ​​2221 dunams of land in the following sectors:

Industry: 14 projects with a capital of $204 million.

Housing: 3 projects with a capital of $248 million

Education: 7 projects with a capital of $38 million.

Tourism: 8 projects with a capital of $2.34 billion.

Sports: 3 projects with a capital of $7 million.

Business: 22 projects with a capital of $243 million

Health: 3 projects with a capital of $19 million.

Agriculture: 2 projects with a capital of $133 million.

Banks: 2 projects with a capital of $19 million

The total capital invested in the investment sector over the past three years was $11.15 billion.

 

 

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