Interest on Treasury Bond transfers 374 271 Debt payments 3,421 2,923 Financial Experts Council 6 6 Payment towards production cost of 2,950 2,400 crude oil exports, including Kurdistan oil contracts Foreign oil company projects for - 13,600 federal government Foreign company projects for - 750 Kurdistan Cost to transport oil via Turkey 300 300 Contributions to Arabic and world 145 108 events Kuwait debt 4,719 5,553 Foreign oil projects 7,500 companies’ Joint funding expenses 100 100 Debts of old Treasury Bonds 578 400 Debts owed to private sector in 58 42 foreign countries Debt payments to World Bank - 239 Debts settlement for Iraqi airlines - 233 Weather forecast projects - 1,400 Cost of constructing Council of Representatives building and 21 housing for its members Dam projects 360 250 Marine projects 285 163 Rail infrastructure 247 388 Airline management 2 - Minus total of sovereign (30, 997) (40,382) expenditures 86,126 98,042 Minus total of ruling expenditures (8,952) (10,101) 77,174 87,941 Minus reconstruction projects for (6,184) (7,256) provinces and Kurdistan 70,990 80,685 Minus petrodollars to provinces and regions (1,676) (1,317) 69,314 79,368 share (17% *69,314) (17%*79,368) Kurdistan’s 11,783 13,492 Plus share of 821 914 Kurdistan’s petrodollars and reconstruction fund Total share of Kurdistan 12,605 14,406 Source: Iraq Ministry of Finance Financial Statements Kurdistan share, – – Figure 8.4 Federal budget transfers to KRG and other provinces in 2013
Interest on Treasury Bond transfers 374 271 Debt payments 3,421 2,923 Financial Experts Council 6 6 Payment towards production cost of crude oil exports, including Kurdistan oil contracts 2,950 2,400 Foreign oil company projects for federal government - 13,600 Foreign company projects for Kurdistan - 750 Cost to transport oil via Turkey 300 300 Contributions to Arabic and world events 145 108 Kuwait debt 4,719 5,553 Foreign oil companies’ projects 7,500 Joint funding expenses 100 100 Debts of old Treasury Bonds 578 400 Debts owed to private sector in foreign countries 58 42 Debt payments to World Bank - 239 Debts settlement for Iraqi airlines - 233 Weather forecast projects - 1,400 Cost of constructing Council of Representatives building and housing for its members 21 Dam projects 360 250 Marine projects 285 163 Rail infrastructure 247 388 Airline management 2 - Minus total of sovereign expenditures (30, 997) (40,382) 86,126 98,042 Minus total of ruling expenditures (8,952) (10,101) 77,174 87,941 Minus reconstruction projects for provinces and Kurdistan (6,184) (7,256) 70,990 80,685 Minus petrodollars to provinces and regions (1,676) (1,317) 69,314 79,368 Kurdistan’s share (17% *69,314) 11,783 (17%*79,368) 13,492 Plus Kurdistan’s share of petrodollars and reconstruction fund 821 914 Total share of Kurdistan 12,605 14,406 Source: Iraq Ministry of Finance – Financial Statements – Kurdistan share, Figure 8.4 Federal budget transfers to KRG and other provinces in 2013