Iraqi Finance Minister: Salary Payments Contingent on Oil Exports via SOMO
Economy 05:36 PM - 2025-07-20
PUKMEDIA
Iraqi Finance Minister taif Sami.
Iraqi Finance Minister Taif Sami confirmed that the disbursement of May salaries to the Kurdistan Region is contingent upon the transfer of non-oil revenues and the export of the Region’s oil through the State Oil Marketing Organisation (SOMO).
On Sunday, 20 July 2025, the Iraqi Parliament’s Finance Committee hosted Finance Minister Taif Sami to discuss matters related to national revenues and public expenditure. During the session, the Finance Minister was confirmed that the disbursement of May salaries to the Kurdistan Region is contingent upon the transfer of non-oil revenues and the export of the Region’s oil through the State Oil Marketing Organisation (SOMO).
Dr Narmin Maruf, a member of the Finance Committee and a Member of Parliament from the Patriotic Union of Kurdistan (PUK) bloc, told PUKMEDIA: "Minister Taif Sami confirmed that the transfer of May salaries to the Kurdistan Region is conditional on the Region transferring its non-oil revenues and resuming oil exports via SOMO."
Dr Maruf added: "The Minister reiterated the Iraqi federal government’s commitment to the agreements concluded with the Kurdistan Regional Government (KRG). If the Region transfers 120 billion dinars in non-oil revenues for May and resumes oil exports through SOMO, the Ministry of Finance will proceed with the salary payments."
In a related statement, Atwan al-Atwani, Chairman of the Finance Committee in the Iraqi Parliament, said at a press conference: "The Minister of Finance clarified that, once the regional government fulfils its commitments under the agreement, salaries will be disbursed. We remain fully committed to the terms of the agreement between the two governments."
He emphasised the importance of the KRG honouring the memorandum concluded with the federal government and beginning oil exposrts through SOMO.
On 17 July 2025, the Iraqi Council of Ministers, in an extraordinary session chaired by Prime Minister Mohammed Shia' Al Sudani, formally approved the memorandum of understanding signed between the KRG and the Iraqi government. The agreement outlines arrangements concerning oil exports, non-oil revenues, and the disbursement of public sector salaries.
Public employees in the Kurdistan Region have now gone without salaries for over 70 days despite the agreement between the two governments. The fate of their May and June payments remains uncertain, deepening concerns over the welfare of thousands of civil servants in the Region.
PUKMEDIA
More news
-
Iraqi President Congratulates Najla Imad on Paralympic Victory
10:51 PM - 2026-10-09 -
Navi Pillay Wins 2026 Nobel Peace Prize
01:53 PM - 2026-10-09 -
Shipping Traffic Through Strait of Hormuz Falls to Lowest Level in More Than Two Months
01:57 PM - 2026-10-08 -
Oil Prices Rise Above $102 as Middle East Supply Concerns Persist
09:45 AM - 2026-10-08
see more
Pentagon Plans to Livestream Nidal Hasan’s Execution in December
06:01 PM - 2026-10-09
Sheikh Mahmud Hafid: A Legacy of Kurdish Nationalism
12:03 PM - 2026-10-09
Oil Prices Decline as US–Iran Talks Show Progress
09:25 AM - 2026-10-09
Iraqi Prime Minister: Borrowing Would Have Increased Iraq’s Debt Burden
09:05 PM - 2026-10-08
Most read
-
Oil Prices Decline as US–Iran Talks Show Progress
News 09:25 AM - 2026-10-09 -
Navi Pillay Wins 2026 Nobel Peace Prize
World 01:53 PM - 2026-10-09 -
Sheikh Mahmud Hafid: A Legacy of Kurdish Nationalism
Kurdistan 12:03 PM - 2026-10-09 -
Pentagon Plans to Livestream Nidal Hasan’s Execution in December
World 06:01 PM - 2026-10-09 -
7.6-Magnitude Quake Off Panama Sparks Coastal Tsunami Alerts
World 11:17 PM - 2026-10-09 -
Iraqi President Congratulates Najla Imad on Paralympic Victory
Iraq 10:51 PM - 2026-10-09






Application

