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[size=52]Baghdad announces the provision of a loan to the Kurdistan Region to pay the salaries of employees[/size]
[size=45]The Ministry of Finance announced that it had signed a loan agreement with the Kurdistan Region to pay the salaries of its employees.[/size]
[size=45]The ministry said in a statement that, “Based on the approval of the Council of Ministers and in implementation of what was stated in its decision No. (23500) in its session held on Sunday, September 3, 2023, the Rafidain and Rashid banks will sign a loan agreement with the Ministry of Finance in the Kurdistan Region to pay the salaries of the region’s employees with a guarantee of a deposit submitted to the Ministry.” Federal finances, provided that they are settled from the dues of the region after their commitment to the provisions of the budget law.[/size]
[size=45]The ministry added that it is “keen to guarantee the financial rights of all citizens and employees in accordance with what is imposed by the stipulated controls and instructions, and accordingly the federal government decided to disburse financial loans to the Kurdistan Regional Government as salaries for its employees.” In the Kurdistan Regional Government, the loan agreement referred to in the decision in question.[/size]
[size=45]The statement continued, “The Ministry of Finance applies its procedures according to what was stated in the Federal General Budget Law No. 13 of 2023, including securing the financial rights of those who are entitled to it,” noting that “the government is keen to meet the requirements of employees in the Kurdistan Region, and to implement financial reforms aimed at promoting economic growth.” ".[/size]
[size=45]Earlier today, the Kurdistan Regional Government announced the transfer of 598 billion dinars to it by the federal government to finance employee salaries.[/size]
[size=45][You must be registered and logged in to see this link.]
[size=52]Baghdad announces the provision of a loan to the Kurdistan Region to pay the salaries of employees[/size]
[size=45]The Ministry of Finance announced that it had signed a loan agreement with the Kurdistan Region to pay the salaries of its employees.[/size]
[size=45]The ministry said in a statement that, “Based on the approval of the Council of Ministers and in implementation of what was stated in its decision No. (23500) in its session held on Sunday, September 3, 2023, the Rafidain and Rashid banks will sign a loan agreement with the Ministry of Finance in the Kurdistan Region to pay the salaries of the region’s employees with a guarantee of a deposit submitted to the Ministry.” Federal finances, provided that they are settled from the dues of the region after their commitment to the provisions of the budget law.[/size]
[size=45]The ministry added that it is “keen to guarantee the financial rights of all citizens and employees in accordance with what is imposed by the stipulated controls and instructions, and accordingly the federal government decided to disburse financial loans to the Kurdistan Regional Government as salaries for its employees.” In the Kurdistan Regional Government, the loan agreement referred to in the decision in question.[/size]
[size=45]The statement continued, “The Ministry of Finance applies its procedures according to what was stated in the Federal General Budget Law No. 13 of 2023, including securing the financial rights of those who are entitled to it,” noting that “the government is keen to meet the requirements of employees in the Kurdistan Region, and to implement financial reforms aimed at promoting economic growth.” ".[/size]
[size=45]Earlier today, the Kurdistan Regional Government announced the transfer of 598 billion dinars to it by the federal government to finance employee salaries.[/size]
[size=45][You must be registered and logged in to see this link.]
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