SULAIMANI – The Kurdistan Region’s delegation leading negotiations with Baghdad is optimistic that both sides will reach agreement this week on March 4 on issues related to oil and the 2021 federal budget, said Co-President of Patriotic Union of Kurdistan (PUK) Lahur Sheikh Jangi.
“There are lots of hope [for Baghdad and Erbil] to reach agreement on Thursday [March 4],” said PUK Co-President Lahur Sheikh Jangi during the 40th day of remembrance of Qadri Haji Ali, former member of PUK political bureau and co-founder of the Gorran.
An agreement between Erbil and Baghdad “is inevitable,” said Lahur Sheikh Jangi when asked to comment on the consequences of absence of consensus.
The delegation consisting of senior officials from the Kurdistan Regional Government (KRG), including the Deputy PM is set to visit Baghdad this week, Ahmed Safar the chairman of the Finance Committee from the Iraqi Parliament told Zhyan News Network.
KRG and the federal government have been in long-term negotiations for months to reach a final agreement, in which the KRG is obliged to hand over an amount of oil and non-oil incomes to receive its budget share from the federal government.
Spokesperson for the federal government Hassan Nadhem said on February 24 that the talks on the draft 2021 Iraqi Budget Law are at the final stages to be put into voting in the Council of Representatives in the near future.
“I have talked about that several times that the budget is at the final stages for determining the Kurds’ share,” Nazim told Zhyan.