🔻 Following the end of the first half of 2025, the Iraqi Ministry of Finance released its final report for the year 2024. According to the report:

🔹 Total revenues exceeded 140 trillion and 774 billion IQD, more than 127 trillion, 536 billion, and 400 million IQD of which (91%) came from oil revenues. In contrast, 9% — over 13 trillion, 237 billion, and 705 million IQD — came from non-oil sources.

🔹 Total expenditures surpassed 150 trillion and 527 billion IQD, with more than 125 trillion and 214 billion IQD (83%) allocated to operational spending, and 17% — over 25 trillion, 313 billion, and 302 million IQD — directed toward investment spending.

🔹 Based on these figures, the federal budget experienced a deficit of 7%, totaling over 9 trillion and 753 billion IQD.

🔹 According to the report, over 60 trillion and 53 billion IQD was spent on public sector salaries, accounting for 40% of Iraq’s total revenue.

🔹 The amount of money allocated to the Kurdistan Regional Government and social welfare programs exceeded 10 trillion and 786 billion IQD, which represents 7% of Iraq’s total government spending for 2024.