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May 6, 2023[You must be registered and logged in to see this link.]
Baghdad / Obelisk Al-Hadath: A member of the Finance Committee in the Parliament of the Kurdistan Region, Sabah Hassan, confirmed, on Saturday, that the federal government, and specifically the Ministry of Finance, will send an amount of 400 billion dinars to the region in the middle of this week.
Hassan said, "The Ministry of Finance and Economy in the regional government cannot pay the salaries of employees in the region due to the cessation of oil exports, and therefore it needs additional funds in order to be able to pay the salaries that were delayed."
He added, "The Federal Ministry of Finance, according to information, will send during the middle of this week an amount of 400 billion dinars to the region, after which the regional government will start paying the salaries of employees."
The Kurdistan region is witnessing a severe financial crisis that caused its inability to pay the salaries of employees after the decision to stop oil exports from the region to Turkey, which came after the Federal Ministry of Oil won a lawsuit in international courts.
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