Iraq Reaches Agreement with Kurdistan over Region Share

Today, the reporter of the Finance Committee in the Iraqi Parliament, Ahmed Al-Saffar, announced that the federal government in Baghdad reached an agreement with the delegation of the Kurdistan Regional Government of Iraq regarding the region's share.

He said in a press statement today, Saturday, that "the delegation of the Kurdistan Regional Government of Iraq reached an agreement with the federal government regarding the region's share in the 2021 budget, and in the same form of the agreement that was concluded during the era of the governments of Adel Abdul Mahdi and Mustafa Al-Kazemi."

The differences between Baghdad and Erbil escalated after the Iraqi parliament approval of the "Financing the Financial Deficit" law, which enabled the Iraqi government to borrow internally to pay the salaries of employees.

The law stipulates that the Kurdistan Regional Government of Iraq must pay its financial dues to the federal government, before proceeding to pay the salaries of employees.