Kurdistan Region Deposits 50 Billion Dinars in Non-Oil Revenues to Baghdad

The Kurdistan Region’s Ministry of Finance and Economy deposited 50 billion dinars in non-oil revenues for May into the federal Ministry of Finance account at the Central Bank of Iraq’s Erbil branch, in a cash transfer to Baghdad. The payment concerns non-oil income collected in May and reflects the region’s financial obligations within the federal revenue framework. The funds were placed in the federal Ministry of Finance account held at the Central Bank of Iraq’s Erbil branch. The transfer underscores the continued movement of non-oil revenues between Erbil and Baghdad as both sides manage fiscal arrangements tied to the region’s public finances.