As clock ticks, KRG prepares for budget talks with Baghdad

Kurdistan Regional Government (KRG) spokesperson Jotiar Adil in a press conference on Wednesday June 3, 2020 in Erbil (NRT Digital Media)

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SULAIMANI — With critical oil and budget talks with the federal government expected to resume soon, Kurdistan Regional Government (KRG) Spokesperson Jotiar Adil said during a press conference on Wednesday (June 3) that the government was compiling data about each ministry to help inform discussions with Baghdad.

Adil was speaking following a meeting of the KRG’s Council of Ministers, during which officials discussed the upcoming talks with Baghdad, the economic situation in the Region, and the strategic dialogue between Iraq and the US.

With economic conditions in the Region deteriorating and with few financial reserves to resolve the crisis, the KRG is under pressure to come to a comprehensive budget agreement with Baghdad. In fact, the two sides have less that 30 days until a mutually agreed upon deadline for talks to conclude expires.

The Council of Representatives had requested the data almost a month ago on May 7.

Although the KRG made the same proclamation nearly a month ago on May 6, Adil announced that the cabinet had decided to cut the pay of senior officials as part of its cost cutting measures.

He also said that the government is preparing a detailed report on the KRG’s debts that it will send to the Kurdistan Parliament, which is something that it promised to do following a speech by KRG Prime Minister Masrour Barzani almost two weeks ago.

The Council of Ministers also said that it had discussed the Region’s strategy for the upcoming Iraq-US strategic dialogue, set to begin this month. The KRG is expected to send a delegation to participate.

(NRT Digital Media)