Tag Archives | Adham Karim Darwesh

Budget Delay Hits KRG Banks

By John Lee. The delay in adopting Iraq's federal budget, in large part due to the dispute between Baghdad and the Kurdish Regional Government over oil exports and revenues, has reduced banking activity in the KRG by up to 25%, according to¬†Adham Karim Darwesh. Darwesh, the manager of the Erbil branch of the Central Bank […]