The Ministry of Finance and Economy is responsible for setting the general budget for the Kurdistan Region, as well as for financial planning and the administration of public incomes and expenditures.
The Ministry of Finance and Economy has begun consultations with all ministries in the Kurdistan Region in preparation of the draft 2021 budget bill, as requested by the Kurdistan Regional Government’s Council of Ministers.
The Kurdistan Regional Government’s Ministry of Finance and Economy, as part of departmental-wide reform measures, has suspended over 10,000 illegal salary and pension payments.