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Latest news with #KurdishMinistryofFinanceandEconomy

KRG sends March revenue share to Federal treasury
KRG sends March revenue share to Federal treasury

Shafaq News

time22-04-2025

  • Business
  • Shafaq News

KRG sends March revenue share to Federal treasury

Shafaq News/ On Tuesday, the Kurdish Ministry of Finance and Economy announced the transfer of its share of non-oil revenues for March to the account of Iraq's federal Ministry of Finance. The transferred amount totaled 48.2 billion Iraqi dinars (about $36.7 million), according to a statement issued by the ministry. Last month, the KRG transferred nearly 48 billion Iraqi dinars (about $37.2 million) in non-oil income to the federal authorities in Baghdad.

Kurdistan March salaries: $728M disbursement on track for 26th
Kurdistan March salaries: $728M disbursement on track for 26th

Shafaq News

time26-03-2025

  • Business
  • Shafaq News

Kurdistan March salaries: $728M disbursement on track for 26th

Shafaq News/ The Kurdish Ministry of Finance and Economy announced, on Tuesday, the completion of all steps to disburse March salaries. The ministry stated that the Federal Ministry of Finance will transfer 954.88 billion Iraqi dinars (approximately $728 million) to cover the Region's public sector payroll, including retirees. The funds are scheduled to be deposited into the ministry's account at the Central Bank of Iraq's Erbil branch on March 26. The Regional ministry had earlier indicated that coordination with the Federal Budget and Accounting Department had reached the final phase of the salary allocation process.

Kurdistan transfers 52 Billion Dinars, non-oil revenue to federal government
Kurdistan transfers 52 Billion Dinars, non-oil revenue to federal government

Shafaq News

time12-02-2025

  • Business
  • Shafaq News

Kurdistan transfers 52 Billion Dinars, non-oil revenue to federal government

Shafaq News/ The Kurdish Ministry of Finance and Economy announced on Wednesday the transfer of approximately 52 billion Iraqi Dinars (Approx. 37 Million USD) in non-oil revenues to the federal treasury in Baghdad. In a statement, the ministry confirmed it had transferred the Kurdistan Region's share of non-oil revenues for the month of February, totaling 51 billion, 895 million, 457 thousand, and 877 dinars. The ministry added that the amount was deposited in cash into the federal finance ministry's account through the Erbil branch of the Central Bank of Iraq.

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