BAGHDAD, Jumada II 24, 1437, April 02, 2016, SPA -- Iraq's monthly oil revenue has risen by more than 30 percent to $2.9 billion despite low global prices that have placed a major strain on the country's economy, AP reported. Oil Ministry spokesman Assem Jihad said in a statement Friday that exports inched up to 3.286 million barrels per day in March from 3.225 million the previous month. Last month's total revenue was just $2.2 billion. The plunge in oil prices has battered Iraq's economy at a time when Baghdad is struggling to combat the terrorist group Daesh. Iraq holds the world's fourth largest oil reserves, and oil revenues make up nearly 95 percent of its budget. --SPA 12:49 LOCAL TIME 09:49 GMT www.spa.gov.sa/w