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FINANCIAL NEWS
Iraq approves USD102.5 b budget for 2015
24 Dec 2014
(MENAFN) The Iraqi cabinet announced that it has approved a USD102.5 billion budget for 2015 based on a projected oil price of USD60 a barrel, with a projected deficit of USD19.1 billion, The Peninsula Qatar reported.
The budget, which still needs to be approved by parliament, is expected to be distributed between Iraq and the autonomous Kurdish region after both sides reached an agreement regarding the budget and the oil revenues.
Iraq, one of the world’s top oil producers, is currently facing several challenges due to its high public spending as it attempts to battle its current political unrest, as well as the falling oil prices which are affecting to impact its revenue as oil is a major source of it to the country.
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BBK discloses its financial results for the half year ended 30th June 2025
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BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
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