Iraq Builds 2027 Budget on $58 Oil—and a Very Large Deficit | Black Bird Media66 billi">

Iraq Builds 2027 Budget on $58 Oil—and a Very Large Deficit

Iraq is building its 2027 budget around $58 oil, a far cry below what the country actually needs to balance its books. The draft budget assumes crude exports of roughly 4 million barrels per day, including Kurdistan, with total spending of 217 trillion dinars, or about $166 billi