KRG Council of Ministers to discuss Erbil-Baghdad talks

Including Region’s share of federal budget

1034 View

+ -

SULAIMANI — The Kurdistan Regional Government (KRG) Council of Ministers will convene on Wednesday (November 27) to discuss the results of the talks that have taken place between Erbil and Baghdad over the last several days.

NRT reporter Omed Chomani said that the Council of Ministers would discuss the Kurdistan Region’s share of the federal budget for 2020, as well as mechanisms to rearrange and reorganize the return of revenue to the Ministry of Finance.

The KRG and the federal government reached an agreement to resolve their ongoing disagreement over oil on Monday, belatedly implementing the terms of the 2019 budget.

The Kurdistan Region is expected to export 250,000 barrels of oil per day through Baghdad to Turkey’s Ceyhan port. In return, Baghdad will send the Region’s full share of the federal budget.

A KRG delegation is expected to visit Baghdad next week.

Oil is just one of several persistent disagreements between the two governments, which also include security and the disputed areas.

(NRT Digital Media)