Iraq fiscal position — April 2026
Monthly oil revenue against state payroll obligations
April revenues $1.087bn; obligations $5.45bn.
April oil revenue
State payroll
Payroll shortfall from oil revenue alone: ~$4.36bn
State payroll covers salaries (5.09tn IQD), pensions (1.6tn IQD) and social welfare transfers (458bn IQD) — all mandatory monthly cash obligations to individuals. Combined ~$5.45bn/month (Ministry of Finance, January 2026). April oil revenue is the official SOMO figure. Does not include broader operating or capital spending.