ARTICLE AD BOX
💸 Kurdistan Transfers 120 Billion Dinars to Baghdad! 🇮🇶 A Major Step Toward Financial Unity
"Revenue Talks Just Got Real — Is the Revaluation Getting Closer?" 🏦🔥
📢 KEY HIGHLIGHT – BREAKING NEWS
🗓️ October 15, 2025 | Erbil
Mawazine News reports:
🟢 Kurdistan Regional Government (KRG) has officially transferred 120 billion Iraqi dinars of non-oil revenuesto the Federal Government in Baghdad.
💬 A source confirmed:
"This move is part of ongoing understandings between Erbil and Baghdad to settle financial files and regulate public revenues."
🔍 What This Means:
🤝 Improved Cooperation:
This transfer is a major trust-building step between the region and the central government — crucial for national economic reform.
📊 Budget Law Compliance:
In line with the Federal Budget Law 2025, Kurdistan must transfer a percentage of its revenues in exchange for employee salary coverage from Baghdad.
📈 Financial Alignment:
Months of joint meetings led to this agreement — a clear signal of alignment on fiscal policy, a key requirementbefore any currency revaluation can be finalized.
💡 This shows Iraq is tightening its financial controls and centralizing revenue — both essential steps for a stable, tradable currency.
🌐 SOURCE: Mawazine News Article
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📣 Bottom Line: Iraq’s economic puzzle pieces are locking into place — and this move by Kurdistan is a loud signal. Keep your eyes on the rate, because it’s not a matter of if, but when. ⏳💰