Iraq Builds 2027 Budget on $58 Oil—and a Very Large Deficit ...Middle East

OILPRICE - Economy
Iraq Builds 2027 Budget on $58 Oil—and a Very Large Deficit
source : OILPRICE ( Middle East ) () 61
Iraq is building its 2027 budget around $58 oil, a far cry below what the country actually needs to balance its books. The draft budget assumes crude exports of roughly 4 million barrels per day, including Kurdistan, with total spending of 217 trillion dinars, or about $166 billion. Even at those assumptions, lawmakers say the budget would run a deficit of more than 40 trillion dinars. At 4 million bpd and $58 per barrel, Iraq would generate roughly $85 billion in annual gross crude export revenue before accounting for discounts, transport costs…

Hence then, the article about iraq builds 2027 budget on 58 oil and a very large deficit was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Iraq Builds 2027 Budget on $58 Oil—and a Very Large Deficit )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
Veeva DQS nettoie les données de plus d'un million de participants dans le cadre de plus de 1 000 études
PR Newswire - before 7 hours & 42 minute
HelloNation Highlights Residential Moving With Moving Expert Steve Favato
PR Newswire - before 6 hours & 12 minute
En présence de Mansour bin Zayed, Etisalat lance un projet visant à développer les infrastructures numériques aux Émirats arabes unis et à l'étranger afin de porter la connectivité internationale à plus de 500 Tbit/s d'ici 2030
PR Newswire - before 8 hours & 26 minute
Prophix® kondigt strategische samenwerking aan met PwC Belgium om de financiële functie te transformeren
PR Newswire - before 4 hours & 12 minute
KNOWIDEA Launches VeriPIE to Reduce Decision Risk with Verified AI Predictions
PR Newswire - before 4 hours & 58 minute
OpenAI Is Pissing Off a Bunch of Mathematicians—Again
WIRED - before 9 hours & 9 minute
US Crude Inventories Slide
OILPRICE - before 5 hours & 11 minute
YYForce Opens Singapore Robotics Center to Advance Humanoid Training and Service Robot Deployment
PR Newswire - before 6 hours & 26 minute
Aventra Raises $17.5M to Scale Production of Piranha, Delivering Affordable Mass and Precision to U.S. and Allied Operators
PR Newswire - before 11 hour & 30 minute
G7’s 100 Million Barrel Release Is Mostly Already Priced In
OILPRICE - before 4 hours & 26 minute
UFP Industries to Host Third Quarter Financial Results Conference Call and Webcast
PR Newswire - before 6 hours & 11 minute
The Hidden Cost of Saudi Arabia’s Oil Export Recovery
OILPRICE - before 10 hours & 30 minute


Latest News

Stock Market LIVE: GIFT Nifty signals negative open before RBI MPC meet outcome; Asia mkts decline

before 3 minute

Nifty may move towards 22,900, says MOFSL; shares 3 stock ideas

before 16 minute

Project Eleven Launches Strongpoint for Post-Quantum Custody with Zcash Foundation as Initial Development Partner

before 50 minute

AGON Unveils OC1050Hz Gaming Monitor Delivering Millisecond Fluidity

before hour & 4 minute

Best of Opinion: Will GST Council meet give process reforms a push?

before hour & 38 minute

vivo X500 Series Debuts with Advanced ZEISS Telephoto Lens System and Cinematic Video Capabilities

before 2 hours & 38 minute

Why $100 Oil Is Hard to Kill

before 2 hours & 38 minute

5 Natural Gas Stocks Profiting From the Strait of Hormuz Standoff

before 3 hours & 30 minute

Prophix® kondigt strategische samenwerking aan met PwC Belgium om de financiële functie te transformeren

before 4 hours & 12 minute

G7’s 100 Million Barrel Release Is Mostly Already Priced In

before 4 hours & 26 minute

KNOWIDEA Launches VeriPIE to Reduce Decision Risk with Verified AI Predictions

before 4 hours & 58 minute

US Crude Inventories Slide

before 5 hours & 11 minute

Europe's Power Grid Is Digitalizing Faster Than Regulators Can Keep Up

before 5 hours & 26 minute

AMTD IDEA Group Announces ADS Ratio Change

before 5 hours & 57 minute

UFP Industries to Host Third Quarter Financial Results Conference Call and Webcast

before 6 hours & 11 minute