Iraq fiscal position — April 2026
Estimated monthly revenues against core state obligations
April revenues ~$1.65bn; obligations $5.45bn.
Revenues (oil + non-oil)
Salaries
Pensions
Social welfare
Monthly shortfall on core obligations alone: ~$3.6 to $4bn
Revenue estimate includes oil/fuel oil (~$1.3bn) and non-oil revenues (~$190-400m). Obligations from Ministry of Finance January 2026 data: salaries 5.09tn IQD, pensions 1.6tn IQD, welfare 458bn IQD. Does not include capital spending or other operating costs.