Kurdistan Region hands over its non-oil revenues to Baghdad

kurdistan-region-hands-over-its-non-oil-revenues-to-baghdad

The Ministry of Finance of the Federal Kurdistan Region officially announced that it has deposited 120 billion Iraqi dinars, equivalent to 50 percent of non-oil revenues, into the Iraqi Central Bank.

  • ANF
  • NEWS DESK
  • Tuesday, 22 July 2025, 13:29

In accordance with the latest agreement reached with Baghdad, the Kurdistan Region has begun handing over its non-oil revenues to Baghdad.

The Kurdistan Region Ministry of Finance stated that it has deposited a total of 120 billion Iraqi dinars in cash into the account of the Iraqi Ministry of Finance from non-oil revenues. According to the statement, the payment was made to the relevant bank account at the Iraqi Central Bank’s Hewlêr (Erbil) branch.

According to a written statement issued by the Ministry, this amount was obtained from the non-oil revenues of the Kurdistan Region and deposited in cash into an account belonging to the Iraqi Ministry of Finance in accordance with the Iraqi Constitution and budget law.

Source: ANF News

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