HEADLINES:

France to assist KRG in drafting budget, streamlining expenditure

A meeting of the KRG Deputy Prime Minister Qubad Talabani with a delegation from the France’s Ministry for the Economy and Finance on Tuesday, May 7, 2019.
2019-05-07

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SULAIMANI — The Kurdistan Regional Government (KRG) and the French Ministry for the Economy and Finance have announced that they will cooperate to amend and streamline the KRG’s budget and expenditures.

KRG Deputy Prime Minister Qubad Talabani and other officials met with a delegation from the French ministry’s international assistance department, Talabani’s press office said on Tuesday (May 7).

Talabani asked the French delegation to help the KRG develop a draft budget, as well as monitor and audit expenditures. It will also examine the KRG’s tax and revenue collection.

The French delegation promised to send consultants to the Kurdistan Region in two months.

Both sides empathized that establishing digital platforms to manage cash flow and make government more efficient was imperative. Doing so would help to harmonize budget processes between Erbil and Baghdad.

(NRT Digital Media)