🔻 The Iraqi Ministry of Finance released three monthly reports detailing revenues and expenditures during the first quarter of 2025. According to these reports:

• As of March 2025, Iraq’s total public revenue from both oil and non-oil sources reached approximately IQD 27.249 trillion. Of this:

  • IQD 24.912 trillion (91%) came from oil revenues.

  • IQD 2.337 trillion (9%) came from non-oil revenues.

• Total expenditures, including both operational and investment spending, exceeded IQD 28.139 trillion, broken down as:

  • 95% for operational (recurrent) expenses.

  • 5% for investment (capital) expenditures.

• The Ministry of Finance transferred more than IQD 3.086 trillion to the Kurdistan Regional Government (KRG), allocated as:

  • About IQD 2.355 trillion for salaries of public servants.

  • Around IQD 2.856 billion for emergency assistance and other expenditures.

  • Over IQD 728.6 billion for social protection programs.

• After comparing total expenditures with total revenues, expenditures exceeded revenues by 3%, resulting in a deficit of more than IQD 890.7 billion.

• Around IQD 2.210 trillion was spent on Iraq’s three top presidencies:

  • The Council of Representatives (Parliament): over IQD 144 billion.

  • The Presidency of the Republic: more than IQD 11.4 billion.

  • The Council of Ministers (Cabinet): over IQD 2.054 trillion.

1. KRG Funding Breakdown (Q1 2025)

According to the Ministry of Finance’s reports for January–March 2025, the Iraqi government provided the KRG with a total of IQD 3.086 trillion, divided as follows:

1. IQD 2.355 trillion (76.3%) – Salaries for public employees.

2. IQD 2.856 billion (0.1%) – Emergency, grants, and other assistance.

3. IQD 728.6 billion (23.6%) – Social welfare programs.

2. Iraq’s Total Revenues (Q1 2025)

Total revenue reached IQD 27.249 trillion, composed of:

• IQD 24.912 trillion (91%) – Oil revenue.

• IQD 2.337 trillion (9%) – Non-oil revenue.

3. Iraq’s Total Expenditures (Q1 2025)

Total spending amounted to IQD 28.139 trillion, broken down as:

• Operational (recurrent): IQD 26.662 trillion (95%)

• Investment (capital): IQD 1.477 trillion (5%)

4. Investment Spending by Sector (Q1 2025)

From the IQD 1.477 trillion spent on capital projects:

1. Agriculture: IQD 40.1 billion (3%)

2. Industry: IQD 291.3 billion (20%)

3. Transport & Communication: IQD 255.9 billion (17%)

4. Public Services & Roads: IQD 740.6 billion (50%)

5. Education: IQD 149.1 billion (10%)

5. Revenue vs. Expenditure Comparison

• Total Revenue: IQD 27.249 trillion

• Total Expenditure: IQD 28.139 trillion

• Deficit: IQD 890.7 billion (≈3%)

6. Expenditures of Iraq’s Three Presidencies (Q1 2025)

Combined expenditures reached IQD 2.210 trillion, detailed as:

1. Council of Representatives: IQD 144.4 billion

   • Only IQD 164,000 was for investment.

2. Presidency of the Republic: IQD 11.4 billion

   • Only IQD 14,000 was for investment.

3. Council of Ministers: IQD 2.054 trillion

   • Operational: IQD 1.865 trillion (91%)

   • Investment: IQD 189.1 billion (9%)

Sources:

• Monthly budget execution reports published by the Iraqi Ministry of Finance:

  • State Account – January 2025

  • State Account – February 2025

  • State Account – March 2025
    📎 https://www.mof.gov.iq/pages/MOFPublicReports.aspx