According to news agency Reuters, Iraq has received 200 million dollars from Turkey to help Kurdish finances. Two industry sources told Reuters on Friday.
This is not the first emergency fund that the Iraqi Kurdistan Region’s Government (KRG) is getting from countries or companies. Iraqi government has mentioned that the KRG has failed to deliver oil to the central government in Baghdad.
The KRG is having a budget deficit, this is because of Daesh, but also corruption is having a footprint in this part of Iraq. The KRG is experiencing difficulties in paying the salaries of the Peshmarga, whereas it is exporting oil without the consent of the central government. This has raised concerns by various politicians in Iraq.