KRG and Baghdad sign budget deal

ERBIL, July 27 — Erbil and Baghdad struck a deal on Thursday to provide immediate funds to the Kurdistan region, according to the Kurdish government’s spokesperson, Peshawa Hawrami.

The two sides signed a joint memorandum in Baghdad the previous evening and held several meetings to discuss issues related to employee salaries, the region’s share of the financial budget, as well as oil and non-oil revenues.

This visit followed a phone call between the Prime Minister of the Kurdistan Region, Masrour Barzani, and the Federal Prime Minister, Mohammed Shia’ Al-Sudani.

Hawrami posted details of the visit to his Facebook page, stating that the two delegations met to discuss the implementation of the budget law, particularly concerning the financial dues owed to the Kurdistan Region. Both sides reached an agreement on implementing the Kurdistan Region’s provisions in the budget law.

As part of this agreement, a joint memorandum was signed between the delegations, and it is expected that the Kurdistan Region will be funded immediately.