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[size=38]The volume of debt owed by the region to the federal government is 27 trillion dinars[/size]
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June 11, 2024[You must be registered and logged in to see this link.]
Baghdad/Al-Masala Al-Hadath: A source in the Kurdistan Regional Government revealed the size of the debts owed by the regional government that it demands to be paid to the federal government.
The source said that the volume of debts owed by the regional government to the federal government is 27 trillion dinars, including 3 trillion required to be paid to foreign oil companies operating in Kurdistan.
He added that the debts owed by the region are divided between internal and external debts, most of which are to companies, banks, and businessmen to whom the government has not paid their dues for the projects they have completed, especially after the financial crisis that struck the region after years of ISIS control and the cutting of the budget.
Since 2016, the federal government and the Iraqi parliament have been working to settle the financial dues to the Kurdistan region, but progress in this file is “very slow” due to the “lack of trust” between the two sides, as observers believe.
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