KRG delegation visits Baghdad for talks on drafting budget law

A delegation from the Kurdistan Regional Government (KRG) visited Baghdad on Sunday, comprising of several senior Kurdish officials for talks on drafting the 2023 budget law.

According to Esta Media Network KRG Spokesman Jutiar Adil said the Kurdish delegation’s visit aims to “secure the Kurdistan Region citizen’s rights as it’s mentioned in the constitution.”

The delegation is set to meet with the Iraqi Ministry of Finance for talks on drafting the 2023 budget law and its preparations, the Spokesman said.

It comprises the Finance and Natural Resources Ministers and the Minister of planning as well as the President of the Council Ministers Diwan, the secretary of the Council Ministers with the Head of the Department of Coordination and Follow-Up and ultimately the Spokesman of the Regional Government, according to the spokesman’s words

The relations between the KRG and the Federal Government have been rocky since the Region developed its own oil and gas resources independently of the federal government.

The Region’s massive untapped oil reserves, lucrative production-sharing contracts, and safe environment have prompted international oil companies over recent years to commit to investing billions of dollars there.

However, the Federal government has protested against that move by the KRG, showing tough stances several times by issuing decisions against the Region as well as cutting its monthly share in the country’s budget in the previous years.

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