Prime Minister Masrour Barzani Chairs Budget Bill Meeting

Erbil, Kurdistan Region, Iraq (GOV.KRD) – Prime Minister Masrour Barzani today chaired a special meeting with relevant ministers in preparation for the tabling of the Kurdistan Region’s 2021 budget bill.

The Prime Minister, joined by Deputy Prime Minister Qubad Talabani, reviewed estimated expenditures and revenues from relevant ministries and headed a discussion on the current financial situation in the Kurdistan Region and ongoing preparations for the tabling of the Kurdistan Regional Government’s 2021 budget bill.

The budget bill will take into account the realities of the current state of affairs in the region and will be based on transparent data, oil and non-oil revenues, anticipated deficits, and net expenditures, aimed at strengthening the public finances of the Kurdistan Region.

The Prime Minister also received updates on the latest developments regarding the 2021 federal budget bill, which is scheduled for a vote next week by the Iraqi Council of Representatives.

The Prime Minister stressed that the Kurdistan Region remains committed to finding a peaceful and sustainable solution to outstanding issues between the regional and federal governments, including the Kurdistan Region’s financial entitlements as outlined in the Iraqi Constitution.

The Prime Minister expressed hope that Iraqi parties would welcome and support a call for Federal Prime Minister Mustafa Al-Kadhimi to take immediate measures toward a political resolution between the Kurdistan Regional Government and the Federal Government of Iraq.