Kurdistan Region delegation
The financial budget
A- A A +
Shafaq News / A party source informed Shafaq News Agency that the Kurdistan Regional Government delegation arrived in Baghdad on Saturday evening to discuss the federal financial budget for the current year.
The source told Shafaq News that the delegation will hold talks with the Presidency of the Iraqi Council of Representatives and heads of political blocs before the voting session on the draft budget tomorrow.
He added that the discussions aimed at resolving differences over the region’s share of the budget before the project was passed in the House of Representatives.
For months, intensive discussions have been held on the draft fiscal budget law for the current year, but disagreements still exist regarding it, especially the item related to the Kurdistan Region’s share.
Political forces reject the agreement reached by Baghdad and Erbil late last year regarding the budget, which provides for the delivery of 250 thousand barrels per day of oil and half of the other financial revenues to the federal government in return for the region’s share of the budget estimated at 12.6 percent.