Kurdistan Pays September Salaries Amid 120B Dinar Revenue Deduction
The Ministry of Finance and Economy of the Kurdistan Region began today, Sunday, distributing September salaries, with 835 billion and 553 million Iraqi dinars deposited into employees' accounts. It is expected that the payment process will be completed within four days. However, the Federal Ministry of Finance has deducted 120 billion dinars from the region’s non-oil revenues as its share of the federal treasury, along with withholding 4.961 billion dinars owed to retirees from previous months. Additionally, the digital "Hesabi" system has been developed, registering over one million citizens and providing them with banking cards. More than 750 Automated Teller Machines (ATMs) have also been installed to facilitate salary withdrawals and reduce pressure on traditional banks.
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