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Kurdistan Government Spending Exceeds 87 Trillion Dinars
The Kurdistan Regional Government's Ministry of Finance revealed that the total actual expenditures over the past seven years exceeded 87.5 trillion Iraqi dinars. Of this, more than 65 trillion dinars were spent on salaries, and 14 trillion dinars on operational expenses. Other expenditures included energy and electricity production valued at over 4 trillion dinars, as well as investment projects of the same amount. There were also unspent funds allocated for salaries, retirement pensions, and employee allowances. Additionally, a liquidity shortage led to the disbursement of part of the energy expenses through promissory notes and offsetting transactions.
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