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The Central Bank of Iraq, the Erbil branch, denies supplying the Kurdistan Region with any sums
05/2020 2020 15:54:32
Shafaq News / The Iraqi Central Bank denied the Erbil branch, today, Sunday, that it had transferred funds to the Ministry of Finance and Economy in the Kurdistan Regional Government, stating that the branch belongs to the Iraqi government and has no relationship with the regional government.
And a statement of the Central Bank of Iraq branch in Arbil quoted the branch manager Kazem Namik Ahmed and responded to Shafak News, regarding the news that talked about the receipt of financial amounts to the province's bank account, saying that since 2017 the province bank has not remained and the Iraqi Central Bank has become the branch of Arbil, which is affiliated with the bank The Iraqi Central and not the Kurdistan Regional Government.
And that the sums in the branch are affiliated with the Iraqi Central Bank, which is affiliated with the federal Iraqi government, and has nothing to do with the salaries of the region's employees, and the branch also supervises the financing of the Central Bank of Iraq’s branch in Mosul as well.
Ahmed added that the Federal Ministry of Finance in Baghdad whenever the Central Bank of Iraq ordered then the branch can deliver the amount to the Ministry of Finance and Economy in the Kurdistan Regional Government.
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