Partial budget payment highlights divide in Baghdad-Erbil negotiations
The KRG has received 598 billion dinars under the new budget law — a fraction of its theoretical monthly entitlement.
Iraqi Prime Minister Mohammed Shia al-Sudani (center right) meets with KRG President Nechirvan Barzani (center left) and Foreign Minister Fuad Hussein (second from right) on Nov. 22, 2022 in Baghdad. (Photo credit: Prime Minister's Office)
SULAIMANIYA - Iraq's federal government has sent a first, partial payment to the Kurdistan Regional Government (KRG) under the recently passed budget law.
The transfer of 598 billion Iraqi dinars ($460 million) was confirmed by multiple KRG officials. It is a fraction of the full budget entitlement expected by the KRG, highlighting the stark divide between Baghdad and Erbil as they negotiate how to implemenet the budget law's new provisions on oil and financial management.
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