By John Lee.
Prime Minister Haider al-Abadi said in televised remarks on Saturday that Iraq’s oil revenues are even lower than projected in the country’s already austere 2015 budget.
According to a report from AFP, al-Abadi declined to providing exact figures on the shortfall.
Iraq’s parliament approved a budget of 119.5 trillion Iraqi dinars in January (about $99.6 billion at the time), based on a crude oil price of $56 a barrel.
(Oil image via Shutterstock)