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Economics

Erbil Receives First Cash Instalment From Baghdad

The Iraqi oil minister pledged to resolve oil-related problems with the KRG at the beginning of this month.

The Kurdistan Regional Government (KRG) has received the first instalment of some $280 million from the Iraqi government as part of a deal recently agreed between the two. “We have already received around $280 million and expect another $200 million within days,” said Fazil Nabi, a Kurd and top advisor …

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