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Iraq, KRG reach deal on draft budget, awaiting final approval from national legislature

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.

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