Euphrates News publishes the draft budget for 2020 .. How deficient it is and what is the region’s share?
Our agency publishes the draft federal budget bill for the year 2020.
The total revenues of the budget amounted to 67 trillion and 425 billion and 220 million and 454 thousand dinars.
Estimated revenues from exporting crude oil were calculated on the basis of an average price of 40.51 dollars a barrel and an export rate of 3 million and 332 thousand barrels, including 250 thousand barrels per day for the quantities of crude oil produced in the Kurdistan region on the basis of the exchange of 1182 dinars per dollar.
The 2020 budget deficit is more than 81 trillion dinars.
According to the draft budget, the region’s share of it is 12.67%. Source