Baghdad transfers September salary funds to Kurdistan Region

ERBIL – The Kurdistan Region’s Ministry of Finance and Economy said 941.874 billion dinars (about $664 million) have been deposited into its account at the Central Bank of Iraq’s Erbil branch to cover September salaries for public sector employees.

The ministry said the money is earmarked for paying September wages and that it will soon publish the salary distribution schedule.

On Nov. 19, the Kurdistan Region’s Finance Ministry transferred 120 billion dinars ($85.7 million) in non-oil revenues to the account of Iraq’s Ministry of Finance. Ten days later, the federal government sent the September salary allocation back to the Kurdistan Region.

While public servants in the Kurdistan Region are preparing to receive their September wages, other parts of Iraq have already started distributing salaries for November.

The latest payment follows an earlier transfer on Oct. 26, when Baghdad sent 945.817 billion dinars ($675.6 million) to Erbil to cover August salaries, depositing the amount in the KRG Finance Ministry’s account.

Transfers between Erbil and Baghdad resumed in mid-2025 under a renewed revenue-sharing agreement that requires the Kurdistan Regional Government to deliver 230,000 barrels of oil per day to federal authorities and remit 120 billion dinars in non-oil revenues. Exports restarted on Sept. 25 under a new arrangement handing operational control of oil sales to Iraq’s state oil marketer SOMO, following a long suspension of the Iraq–Turkey pipeline.