Al-Kazemi’s advisor: Iraq’s revenues will exceed $150 billion this year

Economie| 07:45 – 05/05/2022


Baghdad – Mawazine News
, the financial advisor to the Prime Minister, Mazhar Muhammad Salih, expected today, Thursday, that Iraq’s revenues during the current year will exceed 150 billion dollars.
Saleh said, “The International Monetary Fund’s reading and expectation of a jump in Iraq’s public revenues during the current year 2022 focuses on the total oil and non-oil public revenues of the federal Iraq.”
He added, “The Fund may have estimated the average daily exports of crude oil at 3.4 million barrels per day, with an average annual price of 104 dollars per barrel exported from oil or more, with non-oil revenues of no less than 8-10 billion dollars.”
He continued, “If the Kurdistan region’s oil revenues and other revenues are added, the total federal revenues could easily exceed $150 billion at the end of the 2022 fiscal year.”
The International Monetary Fund expected, earlier, that Iraq would achieve a jump in its public revenues during the year 2022, after the increase in oil prices, amounting to 149 billion dollars and an annual change rate of 73 percent from the year 2021.

An independent bloc announces its acceptance of al-Sadr’s initiative to form a “national” government

politicsbreakinggovernment formationAl-Sadr Initiative

 2022-05-05 06:38A-AA+

Shafaq News/ An independent parliamentary bloc headed by MP Abdel Hadi Al-Hasnawi announced today, Wednesday, its acceptance of the initiative of the leader of the Sadrist movement, Muqtada Al-Sadr, calling for unifying efforts to come up with an independent political formation.

The “Independent Iraq” parliamentary bloc said, in a statement received by Shafak News Agency, that it “announces acceptance of Mr. Muqtada al-Sadr’s initiative to invite independent parliamentarians to form an independent national government that expresses the aspirations of the citizen and seeks to improve services and rebuild the country,” explaining that its acceptance of al-Sadr’s initiative comes “out of faith.” With national responsibility and to give priority to the public interest and to get out of the crisis of political blockage and to respect the constitutional terms.”

The bloc called on “independent deputies, whether from the Independent Iraq Alliance or independent individuals, to unite efforts and speak out to form an independent and meaningful political formation capable of developing a solution to the current crisis that the country is going through.”

It also called on all political forces to “support the national initiative, renounce differences and not influence independent representatives, whether by threats or threats, and respect the will of the voters, away from partisan and factional interests, because the citizen has suffered a lot as a result of the political blockage and the delay in forming the government, which clearly negatively impacted the rights of the citizen and services.” and country building.

Earlier, independent MP Hassan Al-Khafaji revealed to Shafak News Agency that a meeting will be held by the independent representatives next week to discuss the initiatives of the coordination framework and the Sadrist movement and to come up with a solution to end the political blockage.

Al-Khafaji said that “contacts took place yesterday between 35 independent deputies to agree on a formula or agreement to end the political impasse, and it was agreed to hold an important meeting next week for independent deputies to determine their political compass regarding the political initiatives put forward by the most important Shiite poles.”

A well-informed political source also revealed a major division that arose in the position of the independent representatives following the initiative of the leader of the Sadrist movement, Muqtada al-Sadr, which he launched earlier today.

The leader of the Sadrist movement, Muqtada al-Sadr, had put forward earlier today an initiative calling on independent parliamentarians to form an independent bloc to form the government away from the coordination framework.

It is noteworthy that the coordination framework put forward yesterday an initiative that included some requirements for entering into new alliances to form a government