Kurdistan Region transfers nearly 100 billion IQD in non-oil revenues to federal treasury

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Kurdistan Region transfers nearly 100 billion IQD in non-oil revenues to federal treasury

The Kurdistan Regional Government (KRG)’s Ministry of Finance and Economy announced on Sunday that it had deposited approximately IQD 100 billion in non-oil revenues for May into the federal treasury.

In an explanation, the service said, “A measure of 91,151,784,000 IQD (roughly $70 million) has been moved to the central government as the Kurdistan Locale’s portion of non-oil incomes for May of this current year.”