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Kurdistan’s Budget Allocation of 690 Billion Dinars Begins

The Kurdistan budget allocation of 690 billion dinars has officially started for June salaries to employees in the Kurdistan Region. The Ministry of Finance began disbursing funds in Baghdad and will complete the process today, ensuring timely payments.

All measures ensure that June salaries reach employees without delay. Furthermore, the Kurdistan Ministry of Finance will release the salary list tomorrow, maintaining transparency in the allocation process.

Regarding the Kurdistan oil revenue issue, Shwan Jabari stated that two Kurdish delegations will visit Baghdad this week. One delegation will discuss the oil revenue dispute, which has persisted for years, while the other will focus on domestic revenue negotiations between the Kurdistan Region and the federal government.

The Kurdistan Region must transfer fifty percent of its domestic revenue to Baghdad according to the three-year budget plan and fiscal law. However, the federal Ministry of Finance and Iraqi authorities demand that Erbil hand over the entire domestic revenue along with fifty percent of federal revenues.

On the domestic revenue issue, the Kurdistan Regional Government and the federal government have yet to reach an agreement. The Kurdistan government has emphasized it is not ready to transfer even 120 billion dinars for upcoming months. Meanwhile, Baghdad insists on receiving the full share of domestic revenue, citing federal law and fiscal requirements.

Both parties are expected to take their dispute to the Federal Court to resolve the issue. Consequently, analysts predict that delays may affect the disbursement of salaries in the coming months if the dispute continues.

Despite ongoing disagreements, the Kurdistan budget allocation for June demonstrates the region’s commitment to supporting employees and maintaining financial stability. Authorities stress that proper coordination with Baghdad remains essential to ensure smooth salary distribution.

Ultimately, the Kurdistan budget allocation highlights the financial challenges and negotiations between Erbil and Baghdad. Observers note that continuous dialogue and legal channels are critical for resolving disputes and maintaining public trust in government financial management.

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