Parliamentary Finance reveals the latest developments in the localization of salaries of Kurdistan employees

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Parliamentary Finance reveals the latest developments in the localization of salaries of Kurdistan employees

Moeen Al-Kadhimi, a member of the Parliamentary Finance Committee, discussed the most recent developments regarding the localization of employees’ salaries in the Kurdistan Region on Sunday. He emphasized that the “TBl” Bank will be responsible for the localization of salaries.

“The solution to the problem of localizing the salaries of Kurdistan region employees is through the Trade Bank of Iraq (TBl), rather than multiple banks,” Al-Kadhimi stated in an interview with the

He went on to say that “the federal government is serious about resolving the issue of localization of salaries according to a federal government bank” and that “the localization of the salaries of the region’s employees is binding in accordance with the decision of the Federal Court.”

He brought up that “The Iraqi Exchange Bank has many branches in the Kurdistan area. This bank allows the regional government to relocate all of its employees.