Kurdistan Region transfers more than 74 billion dinars to Baghdad

The Ministry of Finance in the Kurdistan Regional Government announced today, Thursday, the transfer of more than 74 billion dinars of non-oil revenues to the federal Ministry of Finance. The Ministry stated in a statement that "an amount of (74,844,532,000) dinars was transferred as the federal treasury's share in the non-oil revenues of the Kurdistan Region." The statement explained that "this amount is for the year 2024, noting that the General Directorate of Accounting of the Ministry of Finance and Economy transferred the amount to the bank account of the Ministry of Finance in the federal government, Erbil branch. Source: National Iraqi News Agency