Showing posts with label #Iraq #Kurdistan #Erbil #Baghdad #IraqNews #IQD #Oil #Economy #EconomicReform. Show all posts
Showing posts with label #Iraq #Kurdistan #Erbil #Baghdad #IraqNews #IQD #Oil #Economy #EconomicReform. Show all posts

Friday, September 11, 2026

๐Ÿ‡ฎ๐Ÿ‡ถ ERBIL & BAGHDAD: A MAJOR FINANCIAL SHIFT?

 CHANNEL8

Amanj Raheem, Secretary of the KRG Council of Ministers, speaks to Channel8 about key breakthroughs and agreements achieved during recent high-level financial negotiations between Erbil and Baghdad: - Our meetings in Baghdad were "productive." -Public sector salaries have been "top priority." -We proposed that salaries be completely insulated "from any political disputes."

-The Minister of Finance assured us that he will be "fair" toward the Kurdistan Region.

-If oil used to be a point of dispute in the past, it is now a point of common ground between Erbil and Baghdad.180,000 barrels of oil from the Kurdistan Region are being exported. -The Kurdistan Region contributes approximately 5 to 6 trillion Iraqi Dinars (IQD) to Iraq's general treasury.

-We put forward a request for a share in public sector employment allocations, and it was accepted. -We requested that the Peshmerga budget be included within the federal sovereign expenditures. -We urged for the Kurdistan Region's rightful share of international and national loans. -The ASYCUDA customs system operates in the best interest of the Kurdistan Region. -Baghdad has presented a proposal regarding kerosene to our delegation.

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๐Ÿ‡ฎ๐Ÿ‡ถ NEWS SUMMARY — ERBIL & BAGHDAD


Recent high-level financial talks between Erbil and Baghdad are being described as productive, with several important issues reportedly moving forward. ๐Ÿค


๐Ÿ’ฐ Public sector salaries remain the top priority, with Erbil pushing to keep payments protected from political disputes.


๐Ÿ›ข️ Oil is becoming a point of cooperation rather than conflict, with around 180,000 barrels per day from the Kurdistan Region currently being exported.


๐Ÿฆ The Kurdistan Region also says it contributes approximately 5–6 trillion IQD to Iraq’s general treasury.

Other key requests included:


๐Ÿช– Federal recognition of the Peshmerga budget as part of sovereign expenditures


๐Ÿ‘ท A share of public-sector employment allocations
๐Ÿ’ต Access to the Kurdistan Region’s share of national and international loans


๐Ÿ“ฆ Continued use of the ASYCUDA customs system
⛽ New discussions regarding kerosene


๐Ÿ”Ž ANALYSIS


This could represent a significant change in the financial relationship between Baghdad and Erbil.


The most important development may be the shift in the oil relationship. What was once one of the biggest sources of political tension is now being described as a common ground for cooperation. ๐Ÿ›ข️๐Ÿค


If these understandings translate into formal agreements and actual implementation, they could contribute to greater financial stability, institutional coordination and economic integration across Iraq. ๐Ÿ“ˆ๐Ÿ‡ฎ๐Ÿ‡ถ


⚠️ Important: These are reported negotiation outcomes and proposals. The real impact will depend on what Baghdad and Erbil formally approve and implement.


๐Ÿ‘€ The next phase is implementation.


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#Iraq #Kurdistan #Erbil #Baghdad #IraqNews #IQD #Oil #Economy #EconomicReform #Peshmerga #IraqFuture

๐Ÿ‡ฎ๐Ÿ‡ถ ERBIL & BAGHDAD: A MAJOR FINANCIAL SHIFT?

 CHANNEL8 Amanj Raheem, Secretary of the KRG Council of Ministers, speaks to Channel8 about key breakthroughs and agreements achieved during...