KRG deputy PM says no alternative proposal to one in federal budget bill

File – KRG Deputy Prime Minister Qubad Talabani

SULAIMANI (ESTA) — Kurdistan Region’s Deputy Prime Minister Qubad Talabani said on Sunday there is no alternative proposal to replace the one that is already in the federal budget bill for 2021.

Talabani said in an interview with Iraq’s National News Center that the Kurdistan Regional Government (KRG) and the federal government had had an agreement included in the federal budget bill.

“Up until now, there is no alternative proposal to the one which is in the draft budget law, and as a result, the implementation of the law must be carried out by the federal government and KRG,” Talabani said.

Talabani and Iraqi Finance Minister Ali Allawi said in December that Erbil and Baghdad had reached an agreement over the 2021 federal budget bill.

The draft budget law commits the Kurdistan Region to hand over 250,000 barrels of oil per day and 50% of non-oil revenue to Baghdad in exchange for the Region’s share of the budget.

The KRG has sent a high-level delegation to Baghdad several times in the past months to reach an agreement with the Iraqi government and parties.

Talabani further said a high-level KRG delegation led by the deputy prime minister to Baghdad had discussed the establishment of a “federal marketing company” that also includes the Kurdistan Region’s representatives.

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