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Minister reveals new details on Barzani and Kazemi agreement

The Minister of the Region, Khaled Shawani, revealed on Sunday new details regarding the financial and economic benefits in the agreement reached by the Prime Minister of Kurdistan Region, Masrour Barzani, and the Federal Prime Minister, Mustafa Al-Kazemi.

Shwani said in a statement received by Shafaq News, that the agreement will continue until the fiscal budget law for 2021 is approved, indicating the start of a new phase of negotiations on the budget for next year.

He explained that according to the agreement, 320 billion dinars will be sent per month to the Kurdistan Region until the budget is approved in 2021, indicating that the agreement includes a set of other benefits related to oversight and auditing and a mechanism to solve a set of outstanding financial and economic files.

Shwani indicated that the agreement also includes dealing with the financial revenues of the border crossings, in accordance with Federal Financial Management Law No. 6 of 2019.

And Iraqi Prime Minister Mustafa Al-Kazemi decided on Saturday to send an amount of 320 billion dinars as part of the salaries to the Kurdistan Region as soon as possible, and this came in a phone call with the Prime Minister of the region, Masrour Barzani. Source