The General Commission for Federal Revenues Allocation in Iraq announced Sunday that the country’s non-oil revenues have reached 8.7 trillion Iraqi dinars as of July 2026. This figure translates to approximately $5.74 billion USD. The announcement signifies a positive trend in Iraq’s efforts to diversify its economy and reduce reliance on oil exports. Further details regarding comparison to previous figures were not immediately available in the report. This development suggests potential strengthening of Iraq’s financial position. The report was initially published by Iraqi News, highlighting the growing economic news coming out of Baghdad. These revenues are a positive indicator for the Iraqi economy’s future.

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