High-level KRG delegation to discuss key financial issues in Baghdad
The discussions, hosted at the residence of Fuad Hussein, Chairman of the Iraqi Economic Council, will include key officials such as KRG’s Finance Minister Awat Janab Noori and Iraq’s Finance Minister Taif Sami.
ERBIL (Kurdistan24) – A high-level delegation from the Ministries of Finance of Iraq and the Kurdistan Region is set to convene for a crucial meeting at 1 PM on Friday. The discussions, hosted at the residence of Fuad Hussein, Chairman of the Iraqi Economic Council, will include key officials such as KRG’s Finance Minister Awat Janab Noori and Iraq’s Finance Minister Taif Sami.
The meeting will focus on three major financial issues:
Annual Budget Allocation: Reviewing the total revenue required by the Kurdistan Region Ministry of Finance for the 12 months of 2025 to ensure timely payment of civil servants.
Pension Separation Plan: Addressing the pension list for civil servants retiring this year at the age of 60, including the distribution of 12 months' pension payments.
Revised Balance Sheet: Finalizing a revised financial balance sheet for the past 12 months to ensure transparency and accuracy in financial planning.
These matters have been meticulously prepared by both the Kurdistan Regional Government (KRG) and Baghdad delegations in prior discussions held in Erbil. Given the cooperative groundwork, no significant obstacles are expected at today’s meeting, and final decisions on these key issues will be made during the session.
In parallel, Iraqi Prime Minister Mohammed Shia al-Sudani recently held a meeting with parliamentary faction leaders to discuss amendments to the national budget law. Following the discussions, Vian Sabri, head of the Kurdistan Democratic Party (KDP) faction in the Iraqi parliament, informed Kurdistan24 that a consensus was reached on passing the amendments. Notably, these amendments include provisions related to the re-export of oil, a significant step in ensuring financial stability and cooperation between Baghdad and the Kurdistan Region.
Today’s meeting is expected to reinforce the collaborative efforts between the federal and regional governments, paving the way for effective financial management and economic progress in Iraq.