A semi-final agreement to grant Kurdistan a 14% share of the budget
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Economy News - Baghdad
The representative of the Kurdistan Democratic Party, Jay Taymur, revealed, on Friday, that the federal government and the Kurdistan Regional Government had reached a "semi-final agreement" to adopt 14% as a share for the region in the 2023 budget.
Timur said, "The negotiations between the federal government and the Kurdistan Regional Government regarding the 2023 budget have made important strides and currently need to put the final touches, and things are heading to an end."
He added, "A semi-final agreement between the two parties stipulated the adoption of 14% of the budget for the Kurdistan region, according to the statistics of the Ministry of Planning and the ration card at the Ministry of Trade, which is the closest to its final approval."
And he continued, "The region demanded 17%, and the federal government set a rate of 12.67%, before agreeing on a rate of 14% to proceed with the draft budget," adding that "the two parties have an opportunity to end all outstanding files that govern the relationship between Baghdad and Erbil, and the atmosphere is positive between the two parties."
Taymour expected that "the 2023 budget from the government will reach Parliament soon," stressing "a vote on it and legislative legislation within a month after its arrival."
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Added 03/03/2023 - 10:05 PM
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Economy News - Baghdad
The representative of the Kurdistan Democratic Party, Jay Taymur, revealed, on Friday, that the federal government and the Kurdistan Regional Government had reached a "semi-final agreement" to adopt 14% as a share for the region in the 2023 budget.
Timur said, "The negotiations between the federal government and the Kurdistan Regional Government regarding the 2023 budget have made important strides and currently need to put the final touches, and things are heading to an end."
He added, "A semi-final agreement between the two parties stipulated the adoption of 14% of the budget for the Kurdistan region, according to the statistics of the Ministry of Planning and the ration card at the Ministry of Trade, which is the closest to its final approval."
And he continued, "The region demanded 17%, and the federal government set a rate of 12.67%, before agreeing on a rate of 14% to proceed with the draft budget," adding that "the two parties have an opportunity to end all outstanding files that govern the relationship between Baghdad and Erbil, and the atmosphere is positive between the two parties."
Taymour expected that "the 2023 budget from the government will reach Parliament soon," stressing "a vote on it and legislative legislation within a month after its arrival."
Views 67
Added 03/03/2023 - 10:05 PM
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