Erbil to Transfer 60 Billion Dinars in Non-Oil Revenue to Baghdad

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The Kurdistan Regional Government has announced plans to transfer 60 billion Iraqi dinars in non-oil revenue to Baghdad as part of its financial commitments to Iraq’s federal government.

The Kurdistan Region’s Ministry of Finance and Economy confirmed that it is ready to send April’s non-oil revenue. Officials are now waiting for approval from Iraqi Finance Minister Taif Sami before completing the bank transfer.

According to the ministry, Erbil has already sent an official letter to Baghdad outlining the total non-oil revenue collected in April. The document forms part of the KRG’s ongoing efforts to meet federal financial obligations under Iraq’s budget law.

A source from the Kurdistan Ministry of Finance said that the 60 billion dinars are ready for transfer. The money will go directly to the Erbil branch of the Central Bank of Iraq once Baghdad gives final approval.

Officials described the move as part of a broader agreement between Erbil and Baghdad to improve financial transparency. The agreement also links salary payments for public employees in the Kurdistan Region to revenue-sharing commitments.

Baghdad currently requires the Kurdistan Region to hand over 50 percent of its non-oil revenues, including taxes, customs, and administrative fees. Compliance with this condition remains necessary for the federal government to continue sending salary funds to the region.

The transfer of non-oil revenues has remained a key point of disagreement between the two governments in recent months. These disputes contributed to repeated delays in salary funding for Kurdistan Region employees.

By preparing this payment, Erbil aims to remove any legal or technical obstacles that could delay salary transfers. Officials hope the step will help secure the release of April salaries and ensure smoother payments in the coming months.

The latest move signals renewed efforts by both sides to reduce tensions and strengthen financial coordination under Iraq’s national budget framework.

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