Inside Iraq, hydrocarbon revenues are mostly collected at the federal level and then redistributed through the budget…A large share of oil and gas sales revenue goes into federal accounts before redistribution. Governorates also receive money through development programs for local reconstruction and services. So do citizens get direct payments? Not as a direct, universal oil dividend. Iraq’s oil revenue mostly goes into the state budget and is then used to pay salaries, pensions, and social welfare…The people do NOT get distributions from the HCL. Fnu Lnu
