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Kurdistan Region Economic Council discusses economic situation, rearranging income The Kurdistan Region Economic Council on Saturday held a meeting led by Prime Minister Masrour Barzani and attended by Deputy Prime Minister Qubad Talabani. In the meeting, the Council discussed a report from the committee previously formed by the Council and tasked with overseeing the process
Masrour Barzani: The budget law restored a ray of hope about the relationship with the federal government
Masrour Barzani, Prime Minister of Kurdistan Regional Government. (Photo: Archive)
ERBIL (Kurdistan 24) – Kurdistan Region Prime Minister Masrour Barzani issued a statement on Wednesday evening after the Iraqi Parliament approved a draft federal budget bill for the fiscal year 2021. With the support of the majority of Kurdish parliamentary blocs, the Federal Parliament approved today the Budget Law, and we hope that this will pave the way for a recovery from the era of difficult economic challenges in Iraq and the Kurdistan Region, Barzani wrote.
The Iraqi parliament in November voted for a budget law despite a Kurdish boycott (Photo: Archive).
ERBIL (Kurdistan 24) - Iraq’s finance minister Ali Allawi on Saturday announced an agreement with the Kurdistan Regional Government (KRG) on the 2021 draft budget bill. However, experts say the Iraqi parliament will make the final decision on the dispute.
The Iraqi finance minister announced the news after extensive negotiations in Baghdad with a KRG delegation headed by Deputy Prime Minister Qubad Talabani.
“The delegation is currently discussing its allocations for the year 2020,” Allawi said in a statement. He added further that the Iraqi parliament might discuss the draft budget next week.