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Kurdish deputy: Determining Kurdistan's share of the 2023 budget at 14%
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Baghdad today - Baghdad
The representative of the Kurdistan Democratic Party, Jay Taymur, revealed, on Friday, the agreement of Baghdad and Erbil to determine the share of the Kurdistan region from the budget for the year 2023 at 14%.
Timur said in a televised statement, "This percentage depends on the statistics of the Ministry of Planning, even if it is not at the level of ambition of the region," he said.
He stressed, "The negotiations between the governments of Baghdad and Erbil have reached their final stages."
Timur pointed out, "The budget was delayed, but due to developments in reducing the exchange rate of the dollar, appointments of lecturers and contracts, the Council of Ministers and the Ministry of Finance were obliged to prepare the budget again, and this required some time."
He continued: "We are waiting for the budget to reach the House of Representatives next week, and we expect it to take approval in the House of Representatives within a month."
And the head of the Parliamentary Finance Committee, Atwan Al-Atwani, revealed last Tuesday that the total value of the current year’s budget will be 195 trillion dinars, with a deficit of 60 trillion or less, and the price of a barrel of oil in it was set at 65 dollars.
Al-Atwani predicted the arrival of the budget bill from the government to Parliament at the end of next week, after resolving the dialogues regarding the Kurdistan Region.
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