Friday, September 8, 2023

The Iraqi government says that it has fully implemented its financial obligations towards the Kurdistan Region, 8 SEPT

The Iraqi government says that it has fully implemented its financial obligations towards the Kurdistan Region, 8 SEPT

 Federal government spokesperson Bassem Al-Awadi announced on Friday that the government has fulfilled its financial obligations to the Kurdistan Region; however, the regional government has failed to deliver oil and non-oil revenues to Baghdad.

In a previous post on Twitter, Al-Awadi stated, “The federal government is equally concerned about the rights of citizens in Kurdistan Region as it is about the rights of citizens in other governorates.” He also added that adhering to federal laws and agreements, as per the constitution, is the most efficient way to complete transfers and improve financial stability and confidence.

The speaker mentioned that despite the regional government’s lack of commitment, the federal government decided to lend money to the region in accordance with the Federal Budget Law. The federal government also decided not to hold I raqi citizens in the region responsible for non-compliance. The loan was granted to the region until its financial issues are addressed in a fundamental manner.

According to Al-Awadi, the federal government has fulfilled its financial obligations to the Kurdistan Region and has put in great efforts to come up with solutions. As of June, the amount owed by the region was more than three times its share based on the state’s actual spending, while the regional government did not provide any oil or non-oil revenues.

On Wednesday, the Council of Ministers of the Kurdistan Region requested the federal government in Baghdad to release the financial benefits owed to the region as specified in the budget tables. They also appealed to the international community for support in ensuring that the Kurdistan Region receives its constitutional rights and financial entitlements in accordance with the constitution and the signed agreements.

On Thursday, Masrour Barzani, Prime Minister of the Kurdistan Regional Government, accused the federal government in Baghdad of violating constitutional agreements by failing to send financial dues to the region.

Barzani claimed in a blog post on X (formerly Twitter) that Baghdad’s refusal to pay their financial dues, as agreed in the federal general budget, violates the constitution, harms their citizens, and undermines confidence.

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