Shafaq News

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Parliamentary signals to settle Kurdistan’s share in the budget and determine the date for its passage

On Sunday, the Al-Fateh Parliamentary Bloc confirmed the vote on the General Budget Law for 2021, at the end of this week, while it indicated that the Kurdistan Region’s share would be decided during the next two days.

Al-Fateh deputy, Fadel Al-Fatlawi, said in an interview with Shafaq News, that “meetings and negotiations are still continuing between the political blocs and the Kurdish delegation to settle the Kurdistan region’s share in the General Budget Law for 2021.”

Al-Fatlawi added, “There are intensive meetings that will take place next Tuesday to resolve the Kurdistan Region’s share in the budget law.”

He pointed out that “the vote on the budget for the current year in the House of Representatives, will be at the end of the week, specifically next Thursday.”

Last December, Baghdad and Erbil reached an agreement on the financial budget, providing for the region to deliver 250,000 barrels of oil per day, and half of the border crossings and other revenues to the federal government, in exchange for a budget share of 12.6%.

The agreement was included in the draft budget, but Shiite political blocs in Parliament rejected the agreement, which impedes its passage in Parliament until now.