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How much does the Kurdistan Region owe Baghdad, and how much does Baghdad owe the Kurdistan Region?

2025-06-09 10:05:19

🔻Based on reports from:

  • Iraq’s Ministry of Finance

  • Kurdistan Region’s Ministry of Finance

  • Iraq’s Federal Board of Supreme Audit

  • Kurdistan Region’s Board of Audit

For the period (2023 - 2024 - first four months of 2025):

🔹 Oil revenues of the Kurdistan Region: 10 trillion 983 billion IQD
🔹 Non-oil revenues of the Kurdistan Region: 10 trillion 522 billion IQD
🔹 Total funds received from Baghdad: 18 trillion 107 billion IQD
🔹 Total actual expenditures of the Kurdistan Region (2023-2024-April 2025): 27 trillion 177 billion IQD
🔹 The Kurdistan Regional Government (KRG) has missed 5 months of salary payments during this period.


Ministry and Audit Reports:

The Iraqi Ministry of Finance, in a letter dated 28/5/2025, refers to audit documents from the Federal Board of Supreme Audit (dated 9/4/2025 and 25/5/2025), confirming oil and non-oil revenues of the Kurdistan Region, validated by both the federal and regional audit boards.

An amount of 199 billion, 364 million, and 211 thousand IQD had been transferred to the federal treasury by April 2025, as per Article 13/First/A of the Federal Budget Law No. 13 (2023–2025).

According to audit reports from both Iraq and the Kurdistan Region, here are the detailed figures:


1. Oil Revenues of the Kurdistan Region:

  • 2023: 4 trillion 708 billion 587 million 855 thousand IQD

  • 2024: 4 trillion 706 billion 430 million 390 thousand IQD

  • First 4 months of 2025: 1 trillion 568 billion 810 million 130 thousand IQD

  • Total (2023–April 2025): 10 trillion 983 billion 828 million 375 thousand IQD

⚠️ None of this amount was returned to the central government’s treasury.


2. Non-Oil Revenues of the Kurdistan Region:

  • 2023: 4 trillion 656 billion 554 million 483 thousand IQD

  • 2024: 4 trillion 700 billion 9 million 926 thousand IQD

  • First 4 months of 2025: 1 trillion 166 billion 125 million 957 thousand IQD

  • Total (2023–April 2025): 10 trillion 522 billion 690 million 366 thousand IQD


3. Total Funds Received from Baghdad:

  • 2023: 3 trillion 98 billion IQD

  • 2024: 10 trillion 786 billion IQD

  • First 4 months of 2025: 4 trillion 223 billion IQD

  • Total (2023–April 2025): 18 trillion 107 billion IQD


4. Total Revenue Available to the KRG (2023–2025):

  • Oil Revenues: 10 trillion 983 billion IQD

  • Non-Oil Revenues: 10 trillion 522 billion IQD

  • Transfers from Baghdad: 18 trillion 107 billion IQD

  • Total Revenue: 39 trillion 612 billion IQD


5. KRG’s Share of Federal Expenditure (2023–2025):

  • 2023: 10 trillion 567 billion 893 million IQD

  • 2024: 12 trillion 167 billion 876 million IQD

  • First 4 months of 2025: 4 trillion 443 billion IQD

  • Total (2023–April 2025): 27 trillion 178 billion IQD


6. KRG’s Allocated Share vs. Received Funds:

  • Total allocated share (2023–April 2025): 27 trillion 177 billion IQD

  • Total received from Baghdad: 18 trillion 107 billion IQD

  • Remaining unpaid share: 9 trillion 70 billion IQD

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