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[size=36]Finance directs the financing of the region’s account to pay the salaries of retirees and those in care[/size]
Economy | 01:58 - 03/11/2024
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Mawazine News - Baghdad
On Monday, the Ministry of Finance directed to fund the region’s account with more than 130 billion dinars to pay the salaries of retirees and those under care in Kurdistan, after the Federal Court’s decision to provide justice to employees, retirees and those under care in the region, while indicating that it would not disburse the region’s salaries for the month of March until after the completion of resettlement.
The Ministry stated in a statement received by Mawazine News, “Based on the directives of the Prime Minister and the approval of the Minister of Finance, and based on what was stated in the letter issued by the Federal Supreme Court, No. 224, unified / 269 Federal / 2023, and the request of the Kurdistan Regional Government - Iraq - the Council of Ministers and the Ministry Finance and Economy, please take the necessary measures to deposit an amount of (10997100000) dinars only in the current account in the name of the Kurdistan Regional Government / Ministry of Finance and Economy / Erbil and which is open at the Central Bank of Iraq / Erbil in the account numbered (200115) in order to disburse the entitlements of the disabled in the social protection network directorates. Welfare and Social Development in Kurdistan for the month of February 2024, noting that the amount “debt” has been recorded in our current account opened with the Central Bank of Iraq under the number (70015).
She continued, “Based on the directives of the Prime Minister and the approval of the Minister of Finance, and based on what was stated in the letter issued by the Federal Supreme Court No. 224 and its unified Federal No. 269 / 2023 and the request of the Kurdistan Regional Government - Iraq - Council of Ministers / Ministry of Finance and Economy / General Directorate of Accounting, please Take what is necessary to deposit an amount of (119139195614) dinars, in the current account in the name of the Kurdistan Regional Government / Ministry of Finance and Economy / Erbil, which is open at the Central Bank of Iraq / Erbil, in order to disburse the entitlements of civilian and military retirees in the Kurdistan Region for the month of February 2024, and note the amount as “a debt.” “On our current account opened with the Central Bank of Iraq No. (70015).”
The Ministry informed the Federal Court in its two letters that “funding for salaries for the month of February has been launched for the Kurdistan Region, as the localization mechanism requires a period of time for this month only, and salaries for the month of March will not be released until after the completion of the salary localization requirements by the region.”
It also held "the Kurdistan Regional Government legally responsible for the validity and accuracy of the information and data submitted to the regulatory and legal authorities and bodies, and the responsibility for disbursing salaries to those actually entitled to them."
In its two letters, the Ministry also addressed the Ministry of Oil and the Oil Marketing Company (SOMO) to “provide it with a position on the extent of the region’s commitment to what was stated in the Budget Law in Articles (11) and (12) of the quantities of crude oil exported or received from the regional government on a monthly basis and considering it as a work context followed for each month of the year.” Without the need to approach you, it will be returned to our department as of the date (25) of each month, in addition to quickly providing us with a position on the quantities of crude oil exported or received from the regional government on a monthly basis, and considering it as a work context followed for each month without the need to approach you, provided that it will be responded to. Our department, starting from the 25th of every month.”
The Ministry stated in a statement received by Mawazine News, “Based on the directives of the Prime Minister and the approval of the Minister of Finance, and based on what was stated in the letter issued by the Federal Supreme Court, No. 224, unified / 269 Federal / 2023, and the request of the Kurdistan Regional Government - Iraq - the Council of Ministers and the Ministry Finance and Economy, please take the necessary measures to deposit an amount of (10997100000) dinars only in the current account in the name of the Kurdistan Regional Government / Ministry of Finance and Economy / Erbil and which is open at the Central Bank of Iraq / Erbil in the account numbered (200115) in order to disburse the entitlements of the disabled in the social protection network directorates. Welfare and Social Development in Kurdistan for the month of February 2024, noting that the amount “debt” has been recorded in our current account opened with the Central Bank of Iraq under the number (70015).
She continued, “Based on the directives of the Prime Minister and the approval of the Minister of Finance, and based on what was stated in the letter issued by the Federal Supreme Court No. 224 and its unified Federal No. 269 / 2023 and the request of the Kurdistan Regional Government - Iraq - Council of Ministers / Ministry of Finance and Economy / General Directorate of Accounting, please Take what is necessary to deposit an amount of (119139195614) dinars, in the current account in the name of the Kurdistan Regional Government / Ministry of Finance and Economy / Erbil, which is open at the Central Bank of Iraq / Erbil, in order to disburse the entitlements of civilian and military retirees in the Kurdistan Region for the month of February 2024, and note the amount as “a debt.” “On our current account opened with the Central Bank of Iraq No. (70015).”
The Ministry informed the Federal Court in its two letters that “funding for salaries for the month of February has been launched for the Kurdistan Region, as the localization mechanism requires a period of time for this month only, and salaries for the month of March will not be released until after the completion of the salary localization requirements by the region.”
It also held "the Kurdistan Regional Government legally responsible for the validity and accuracy of the information and data submitted to the regulatory and legal authorities and bodies, and the responsibility for disbursing salaries to those actually entitled to them."
In its two letters, the Ministry also addressed the Ministry of Oil and the Oil Marketing Company (SOMO) to “provide it with a position on the extent of the region’s commitment to what was stated in the Budget Law in Articles (11) and (12) of the quantities of crude oil exported or received from the regional government on a monthly basis and considering it as a work context followed for each month of the year.” Without the need to approach you, it will be returned to our department as of the date (25) of each month, in addition to quickly providing us with a position on the quantities of crude oil exported or received from the regional government on a monthly basis, and considering it as a work context followed for each month without the need to approach you, provided that it will be responded to. Our department, starting from the 25th of every month.”
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