Kurdistan's Ministry of Finance Announces Distribution of June Salary Funds After Completing Procedures
The Ministry of Finance and Economy of Iraqi Kurdistan announced the deposit of 841 billion and 161 million Iraqi dinars into its bank account to fund June salaries. Salary distribution will commence after completing the financial procedures and receiving the funds from the Central Bank of Iraq. The ministry clarified that it has withheld 120 billion dinars from the funding as a contribution from the federal treasury, and the federal government has not sent an additional amount estimated at 3.3 billion dinars for the pensions of previous months. Salary distribution will begin immediately upon full receipt of the funds.
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