Kurdistan deposits more than 70 billion dinars in Baghdad’s account as non-oil revenues

 Kurdistan deposits more than 70 billion dinars in Baghdad’s account as non-oil revenues

On Monday, the Kurdistan Regional Government’s Ministry of Finance and Economy made the announcement that more than 70 billion dinars in non-oil revenues for March 2024 would be transferred to the federal treasury in Baghdad.

The service expressed in a concise explanation got by , “A measure of 70 billion, 131 million and 250 thousand dinars was moved to the financial balance of the Government Service of Money, as a component of the bureaucratic depository’s portion of non-oil incomes for the Kurdistan District for the period of Spring.”

The Kurdistan Regional Government’s Ministry of Finance and Economy made the announcement on May 27, 2024, that the federal government would receive 85,199,634 dinars (eighty-five billion, one hundred and ninety-nine million, six hundred and thirty-four thousand dinars) in cash from the Kurdistan Region’s internal revenues for the month of February 2024. Iraq in the Erbil part of the National Bank of Iraq, adding up to half of assessment and customs incomes in the Kurdistan Area for the long stretch of February.