120 Billion Dinar is Being Prepared From Domestic Revenue for Salaries

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The Kurdistan Region is actively preparing 120 billion Iraqi dinars in domestic revenue. Officials in the Ministry of Finance and Economy are focusing on ensuring timely transfers. The ministry awaits Iraq’s Ministry of Finance to approve the transfer for the first month so salaries can reach public employees.

In Sulaymaniyah, 48 billion dinars are ready for transfer. Authorities expect Baghdad to notify them soon, allowing the funds to move without delay. Meanwhile, the ministry has completed all necessary preparations and is standing by for formal confirmation.

Previously, Iraq distributed salaries for several ministries, and the Kurdistan Region followed quickly to pay its public employees. However, the first-month salaries for the Kurdistan Region have not yet been approved. The domestic revenue preparation ensures the region can pay employees immediately once Baghdad sends the approval.

Officials confirmed that the Kurdistan Region sent a detailed list of first-month salaries to Baghdad. A team from the ministry delivered the list and returned to Erbil after Iraq’s Ministry of Finance conducted a preliminary review. The ministry clarified the list to avoid delays in fund transfer.

The 120 billion dinars in domestic revenue includes 72 billion for Erbil and Duhok, and 48 billion for Sulaymaniyah and Halabja. The Kurdistan Region’s Ministry of Finance and Economy is actively managing these funds to ensure salaries reach employees without interruption. This preparation shows strong coordination between regional authorities and Baghdad.

Officials are committed to transferring these funds efficiently, allowing citizens to receive their salaries on time. The ministry emphasizes that all steps are complete and only formal approval remains.

Economists note that timely salary distribution strengthens economic stability in the region. Furthermore, preparing the 120 billion dinars domestic revenue demonstrates proactive planning and ensures public employees can meet their financial obligations. Officials hope Baghdad will approve the transfer soon, making the payments possible immediately.

The Kurdistan Region continues to monitor the process closely. Every department is ready to execute the transfer once approval arrives. Citizens and public employees are watching the process, as the 120 billion dinars domestic revenue directly affects monthly salaries.

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