UN representative requests information about the Kurdistan financial crisis
Relations between Erbil and Baghdad has weaken over the last...
The United Nations (UN) is attempting to address the financial issues between the Kurdistan Regional Government (KRG) and Iraqi federal government.
It also has asked the KRG Ministry of Finance to provide information about the scale of the KRG’s financial problems.
On Wednesday, UN economic advisor and special representative of the UN Secretary General for Iraq Ashraf Abdua’al visited Erbil, capital of the Kurdistan Region.
During his visit he met with KRG Finance and Economy Minister Rebaz Hamlan to get an idea of the size of the problems facing the Kurdistan Region and discussed the impact of the shortfall on the region.
According to an announcement by the ministry, Abdul’al told Hamlan that they are attempting to resolve the financial dispute between Erbil and Baghdad.
Abdul’al said that in the coming days, they will discuss the situation the officials from the World Bank and International Monetary Fund (IMF), and set out the financial needs of the Kurdistan Region.
For over a year the Kurdistan Region has been experiencing financial difficulties because the Baghdad government has been failing to deliver the KRG’s budget share and the salary of KRG employees.
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