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FinancialNews


  • 28-09-21

    Iraqi government to pay USD138M monthly for salaries of KRG employees

    (MENAFN)The Kurdish Regional Government (KRG) in northern Iraq was guaranteed by the federal government on the payment of the KRG employees' monthly salaries of 200 billion Iraqi dinars (about USD138 million).

    Also; the Iraqi government issued two orders on the transfer of 200 billion Iraqi dinars (USD138 million) for the salaries, KRG Finance and Economy Minister Awat Janab stated during a press conference in Erbil.

    The KRG got assurances that the amount is going to be paid on a monthly basis and to "treat the citizens in the region like all Iraqis across Iraq."

    Baghdad paid salaries of the KRG employees starting from June as part of a deal under that the central government approved to accredit 12.6 percent of the federal budget for the current year to the KRG in return for 250,000 barrels of crude oil from KRG oilfields.

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