By John Lee.
A financial advisor to the Iraqi Prime Minister has said he expects Iraq's revenues this year to exceed $150 billion.
Speaking to the state-controlled Iraqi News Agency (INA), Mudhar Muhammad Salih said sustained high oil prices, combined with non-oil revenues of "no less than $8-10 billion", will result in total revenues for whole of Iraq (including the Kurdistan Region) of at least $150 billion.
His estimates were based on IMF assumptions, including an average oil price of $104, and daily exports of crude oil from the Baghdad-controlled region of 3.4 million barrels per day.
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