BAGHDAD SENDS 46BN IQD TO WHEAT FARMERS IN KURDISTAN REGION


Kurdish farmer harvesting wheat (File)

7 Hours ago 

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SULAIMANI — General Director at the Kurdistan Regional Government’s (KRG) Ministry of Trade Nawzad Kamil said on Saturday (May 29) that the federal government has transferred more than 46 billion Iraqi dinars ($31 million) to the Kurdistan Region in payment for wheat sales in 2020.

Kamil told NRT that the ministry will distribute the cash to farmers as soon as possible, likely either this week or next week.

He said that 23.7 billion Iraqi dinars ($16.3 million) of the payment is for farmers in Sulaimani, 11.9 billion ($8.2 million) in Erbil, and 10.7 billion ($7.3 million) in Duhok. 

Kamil added that Baghdad still owes a total of 307 billion dinars ($210 million) in payments for wheat sales in 2014, 2015, and 2016.

The payments were delayed because of financial and budget disagreements between Baghdad and Erbil, with famers who sold their wheat to the federal government caught in the middle.

(NRT Digital Media)

nrttv.com

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