KRG receives first 2015 budget payment
The money helps ease tension between Erbil and Baghdad, and comes as the KRG increases its facilitation of federal oil sales.
A worker walks on an oil pipeline at the Khurmala Dome formation of the Kirkuk oil field on Dec. 13, 2013. (STRINGER/Reuters)
ERBIL - The Kurdistan Regional Government (KRG) has received its first 2015 budget payment from Iraq’s federal treasury.
Ahmed Abdulrahman, spokesman for KRG Minister of Finance Rebaz Hamlan, confirmed that 250 billion Iraqi dinars ($208.3 million) was received on Thursday, and went toward making overdue payments to public sector employees.
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