The budget is postponed… The continuation of salaries in the region depends on temporary mechanisms and monthly agreements
The budget has not yet been finalized, but the mechanism for disbursing salaries to employees of the Kurdistan Region continues according to the current arrangements, which depend on sending monthly data that includes lists of salaries and revenues.
Jamal Kojar, a member of the parliamentary finance committee, announced that the federal government has until next July to send the draft budget law to parliament, stressing that “until the budget law is approved, the salaries of Kurdistan Region employees will continue to be disbursed according to the current mechanism.”
Kujer said: “The Iraqi government can send the draft budget law to parliament as late as June and July without any legal problem arising, even though it should have been sent in October of last year under the Financial Management Law.”
According to the MP, the government could send a draft similar to the “Food Security Law” to Parliament to provide financial liquidity for the implementation of projects, as salaries and necessary expenses are currently secured according to the (1/12) principle of the Financial Management Law.
Regarding the financial entitlements of the Kurdistan Region, Kojer reassured that the process of sending salaries would not stop, adding: “The process of disbursing salaries to employees and recipients in the Kurdistan Region will continue with the same current mechanism until the budget law is approved.”
Currently, the Kurdistan Regional Government is required to send payroll lists, trial balances, and non-oil revenues monthly to Baghdad in order to receive salaries.
In order to receive salaries from Baghdad, the Kurdistan Regional Government currently has to send monthly payroll lists, trial balances, and non-oil revenues.
At the same time, the Iraqi Ministry of Oil must confirm to the Ministry of Finance in an official letter that oil exports through the Kurdistan Region have stopped, and then the salary funds will be disbursed. link
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