Iraq’s Revenues and Expenditures for the First Five Months of 2025

2025-08-01 18:01:16
The Iraqi Ministry of Finance has published two monthly reports outlining the country's revenues and expenditures for the first five months of 2025. Below is a summary based on those reports:
🔹 Total Revenue:
As of the end of May 2025, Iraq's total public revenue (from both oil and non-oil sources) amounted to 46.157 trillion IQD, broken down as:
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Oil revenue: ~41.931 trillion IQD (91%)
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Non-oil revenue: ~4.226 trillion IQD (9%)
🔹 Total Expenditures:
Total government expenditures (both operational and investment) exceeded 46.979 trillion IQD, comprising:
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Operational spending: ~94%
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Investment spending: ~6%
🔹 Transfers to Kurdistan Regional Government (KRG):
The Ministry financed the KRG with over 5.167 trillion IQD in total during the five months, including:
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Salaries for employees: ~3.917 trillion IQD (75.8%)
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Relief & assistance: ~4.768 billion IQD (0.1%)
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Social welfare payments: ~1.245 trillion IQD (24.1%)
🔹 Budget Deficit:
After subtracting total expenditures from revenues, Iraq recorded a budget shortfall of approximately 822.146 billion IQD, or 3% of total revenue.
🔹 Spending by the Three Presidencies:
Combined spending of the three presidencies (Parliament, Presidency, Council of Ministers) reached 3.794 trillion IQD, including:
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Council of Representatives: ~214.710 billion IQD
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Presidency of the Republic: ~19.496 billion IQD
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Council of Ministers: ~3.533 trillion IQD
🔹 Investment Expenditures Breakdown:
Investment (capital) spending—totaling ~3.028 trillion IQD—was distributed across key sectors:
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Agriculture: ~67.538 billion IQD (2%)
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Industry: ~635.521 billion IQD (21%)
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Transportation & Communications: ~590.828 billion IQD (20%)
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Services & Roads: ~1.491 trillion IQD (49%)
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Education & Training: ~243.031 billion IQD (8%)
🔹 Summary Comparison:
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Total Revenue: 46.157 trillion IQD
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Total Expenditure: 46.979 trillion IQD
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Deficit: ~822.146 billion IQD