Subscribe  Free Trial

Baghdad makes second KRG budget transfer

Erbil has now received $138 million payments in both July and August, as a fragile political deal revives financial flows that had been stalled since October 2020.
The Taq Taq-Khurmala Oil Pipeline being installed, Oct. 24, 2012. (KAMARAN NAJM/Metrography/Iraq Oil Report)

ERBIL - Iraq's federal government has sent a second budget transfer to the semi-autonomous Kurdistan Regional Government (KRG) under a stop-gap political deal.

Two senior KRG officials said the transfer, of 200 billion Iraqi dinars ($138 million), was received Sunday morning.

This content is for registered users. Please login to continue.
If you are not a registered user, you may purchase a subscription or sign up for a free trial.