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The Kurdistan Region deposits 70 billion dinars in non-oil revenues into the federal government’s account
July 1, 2024
Members of the security forces wearing masks walk in front of the citadel of Erbil, a touristic landmark usually busy with visitors, in the capital of the northern Iraqi Kurdish autonomous region, during a period of a global pandemic of the coronavirus Covid-19 on March 15, 2020. (Photo by Safin HAMID / AFP)
Erbil/Iraq Observer
Today, Monday, the Ministry of Finance in the Kurdistan Region announced the deposit of more than 70 billion dinars in the federal government’s account as non-oil revenues for the month of March.
According to a statement issued by the ministry, it explained that
“the Kurdistan Regional Government sent non-oil revenues for the month of March to the Iraqi Ministry of Finance.” The statement also indicated that
“the region deposited in the Erbil branch of the Central Bank of Iraq the amount of 70 billion, 130 million and 250 thousand dinars as the federal treasury’s share of non-oil revenues for the same month.”
This announcement comes within the framework of continued cooperation between the Kurdistan Region and the federal government regarding achieving financial and economic stability in Iraq.
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July 1, 2024
Members of the security forces wearing masks walk in front of the citadel of Erbil, a touristic landmark usually busy with visitors, in the capital of the northern Iraqi Kurdish autonomous region, during a period of a global pandemic of the coronavirus Covid-19 on March 15, 2020. (Photo by Safin HAMID / AFP)
Erbil/Iraq Observer
Today, Monday, the Ministry of Finance in the Kurdistan Region announced the deposit of more than 70 billion dinars in the federal government’s account as non-oil revenues for the month of March.
According to a statement issued by the ministry, it explained that
“the Kurdistan Regional Government sent non-oil revenues for the month of March to the Iraqi Ministry of Finance.” The statement also indicated that
“the region deposited in the Erbil branch of the Central Bank of Iraq the amount of 70 billion, 130 million and 250 thousand dinars as the federal treasury’s share of non-oil revenues for the same month.”
This announcement comes within the framework of continued cooperation between the Kurdistan Region and the federal government regarding achieving financial and economic stability in Iraq.
[You must be registered and logged in to see this link.]
