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Baghdad funds Erbil with 243 billion dinars to pay salaries of the region’s employees
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Baghdad Today - Erbil
Financial expert Hafidar Shaaban confirmed today, Tuesday (October 1, 2024), that the Federal Ministry of Finance will finance the region with an amount of 243 billion dinars.
Shaaban said in an interview with Baghdad Today, "The Federal Ministry of Finance will send this amount to the region, which is the remaining amount, for the purpose of financing the salaries of the Kurdistan Region in full, for the month of August."
He added, "Tomorrow, the Ministry of Finance in the regional government will begin disbursing employees' salaries, and Baghdad has asked the regional government to prepare the lists according to last February."
An informed source revealed, on Friday, September 27, 2024, the date for launching the disbursement of salaries for employees in the Kurdistan Region for the month of August.
The source told Baghdad Today, "The regional government needs 243 billion dinars to complete the full amount of employees' salaries, which amounts to 998 billion dinars."
He added, "Baghdad promised to send the amount next Sunday, and thus the salary list will be launched on the same day and the distribution will continue for only 3 days, and a few days later the salaries for the month of September will be funded, after the Ministry of Finance in the region sent the full salary list."
The Ministry of Finance in the Kurdistan Region announced yesterday, Thursday, "the delivery of the list of employees' salaries for the months of August and September, as requested by the Federal Ministry of Finance last time."
She explained that "in order to cover the deficit in August salaries, which is estimated at 243 billion dinars, the Federal Ministry of Finance decided to pay the suspended payments from February to August, and it is scheduled to start distributing salaries at the beginning of next week with the arrival of supplementary funding from Baghdad," stressing that she "is waiting to start sending September salaries to the region's employees and in order to start the process of auditing the payroll now."
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