According to information obtained by Channel8, Sulaymaniyah has prepared 48 billion dinars in non-oil revenue and is awaiting a final decision from its leadership before transferring the funds to Erbil.

Reduced Spending Across Most Institutions
Based on high-level sources within the Ministry of Finance cited by Channel8, Sulaymaniyah’s administration has allocated 48 billion dinars as part of its commitment to provide 120 billion dinars in non-oil revenue to Baghdad. Except for essential institutions such as hospitals and schools, expenditures across all other government departments have been reduced.

 Awaiting Approval to Transfer Funds to Erbil
It was emphasized that the 48 billion dinars are currently ready, and Sulaymaniyah is waiting for its leadership’s decision to send the funds to Erbil, where they will be deposited into the Federal Ministry of Finance’s account at the Central Bank branch in Erbil.

 Bank Source Denies Rumors of Unprepared Funds
Meanwhile, a source from the Central Bank in Sulaymaniyah denied to Channel8 all circulating claims suggesting that the 48 billion dinars are not yet prepared.