Oil Revenue Slump "Leaves Iraq Facing $23bn Budget Deficit"

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Iraq is facing a budget deficit of 23 billion dollars. This financial gap is caused by a slump in oil revenues. The drop in income is a result of disruptions to exports. These disruptions were caused by Iran.

By Nadim Kawach, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Oil Revenue Slump Leaves Iraq Facing $23bn Budget Deficit Iraq's oil revenues have slumped as a result of the disruption to exports caused by the Iran […] The post Oil Revenue Slump "Leaves Iraq Facing $23bn Budget Deficit" first appeared on Iraq Business News .

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