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[size=36]Regional Finance: Federal Finance funded only 59% of total salaries[/size]
Political | 04:53 - 03/12/2024
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Mawazine News - Baghdad
The Ministry of Finance and Economy in the Kurdistan Region announced that the Federal Ministry of Finance funded 59% of the Kurdistan Region’s total salaries and deprived 41% of salary recipients of their entitlements.
The Ministry of Finance and Economy in the Kurdistan Region announced that the Federal Ministry of Finance funded 59% of the Kurdistan Region’s total salaries and deprived 41% of salary recipients of their entitlements.
It explained in a statement that it sent a letter numbered (2147/4/7) on (3/5/2024) in which it requested the Federal Ministry of Finance to fully fund the salaries of salary recipients in the Kurdistan Region, which amount to (949,813,146,170) dinars.
But the Federal Ministry of Finance funded only 560 billion and 217 million dinars, “including only 59% of the region’s total salaries,” according to the ministry’s statement, which indicated that 41% of salary recipients in the Kurdistan Region were deprived of their entitlements.
She also confirmed that "the amount that was decided to be funded did not reach the Ministry of Finance and Economy."
She pointed out that the measure taken by the Federal Ministry of Finance caused a deficit of about 390 billion dinars, "and a major financial problem that will deprive a large portion of salary recipients and create division and discrimination among them."
But the Federal Ministry of Finance funded only 560 billion and 217 million dinars, “including only 59% of the region’s total salaries,” according to the ministry’s statement, which indicated that 41% of salary recipients in the Kurdistan Region were deprived of their entitlements.
She also confirmed that "the amount that was decided to be funded did not reach the Ministry of Finance and Economy."
She pointed out that the measure taken by the Federal Ministry of Finance caused a deficit of about 390 billion dinars, "and a major financial problem that will deprive a large portion of salary recipients and create division and discrimination among them."
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