Rocky- Admin Assist
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Join date : 2012-12-21
by Rocky Thu 03 Aug 2023, 6:59 am
[size=46]Kurdistan Finance: Baghdad did not abide by the budget law and agreements[/size]
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[/rtl]Economy
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Today, Thursday, the Ministry of Finance and Economy in the Kurdistan Regional Government confirmed that it had received about 600 billion dinars from the federal government, while it announced "the start of distributing the salaries of the Ministry of Health."
The ministry said in a statement, "Today, Thursday, at exactly 9:30 am, the Central Bank of Iraq, Erbil branch, handed over an amount of 598 billion dinars to the Ministry of Finance, and it was transferred to banks. Today, the salaries of the Ministry of Health will begin to be distributed, and the salary schedule for all ministries will be announced and the deficit will be filled."
He added, "The regional government needs more than 940 billion dinars per month to pay salaries only, other than operating expenses, the production budget, and electricity production expenses."
The statement continued, "The federal government and the Iraqi Ministry of Finance did not abide in any way by the agreement between the regional government and Baghdad and the application of the federal budget law," explaining that "the dues of the Kurdistan region, according to the budget law, amount to 1 trillion monthly and 384 billion dinars only for salaries and retirees, and 906 billion for the Peshmerga forces."
The statement concluded, "According to the actual spending that the federal government deals with at the present time on the basis of total monthly expenditures, 1 trillion and 174 billion dinars should have been sent, and the amount that was sent violates the budget law and all agreements concluded between the two sides."[/size]
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