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Baghdad offers Kurdistan payment tied to budget talks

Letter from Iraqi finance minister to KRG prime minister offers a one-time, $338 million payment – and continuing negotiations for a new budget deal.
Newly appointed Finance Minister Ali Allawi (left) formally takes over the portfolio from Fuad Hussein in a handover ceremony in Baghdad on May 7, 2020. Hussein was made Foreign Minister on June 6. (Source: Iraqi Prime Minister's media office)
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