Kurdistan Finance deposits more than 85 billion dinars into the federal government’s account
Kurdistan Finance deposits more than 85 billion dinars into the federal government’s account
2024-05-27 04:05
Shafaq News/ The Ministry of Finance and Economy of the Kurdistan Regional Government announced, on Monday, that a portion of the Kurdistan Region’s internal revenues for the month of February had been deposited in the bank account of the Iraqi Ministry of Finance.
The Kurdistan Finance Ministry explained in a statement received by Shafaq News Agency, that it “deposited an amount of (85,199,634) dinars (eighty-five billion, one hundred and ninety-nine million, six hundred and thirty-four thousand dinars) from the internal revenues of the Kurdistan Region for the month of February 2024 in cash in the bank account of the Iraqi federal government in the Erbil branch.” “For the Central Bank of Iraq, amounting to 50% of tax and customs revenues in the Kurdistan Region for the month of February.”
She added, “This came according to the monthly amended balance sheet reports.”
The Kurdistan Regional Government announced on Wednesday, April 24, 2024, that it had deposited in the account of the Federal Ministry of Finance the Federal Treasury’s share of non-oil revenues in the region.
shafaq.com
