Latest news with #FederalBudgetLaw
Shafaq News
6 days ago
- Business
- Shafaq News
Kurdistan receives federal funds for May salaries
Shafaq News – Erbil The Kurdistan Region's Ministry of Finance and Economy confirmed Thursday it has received the federal funds necessary to pay public sector salaries for May. In a statement, the ministry announced the deposit of 974.813 billion Iraqi dinars (approximately $698.79 million) into its account at the Central Bank's Erbil branch, with disbursement set to begin on Friday. The payments are part of a binding agreement outlined in the 2023–2025 Federal Budget Law, which obligates the Kurdistan Regional Government (KRG) to transfer oil and non-oil revenues to the federal treasury in exchange for monthly salary allocations. The process is overseen by the Federal Board of Supreme Audit. Despite the legal framework, the arrangement has faced recurring delays and political friction, with both sides accusing the other of failing to meet obligations. However, recent financial talks between Baghdad and Erbil have eased the deadlock.
Shafaq News
20-07-2025
- Business
- Shafaq News
Finance Minister: Iraq's 2025 Budget Law under committee review
Shafaq News – Baghdad Iraqi Finance Minister Taif Sami informed lawmakers on Sunday that a special committee, formed by Prime Minister Mohammed Shia al-Sudani, is currently drafting the tables of the 2025 Federal Budget Law. Saad al-Tobi from the Parliamentary Finance Committee explained to Shafaq News that the draft tables will be sent to the Cabinet for approval before heading to Parliament. 'Information on revenues and expenditures remains limited,' he added. 'The documents will be ready for submission next month.' Earlier today, Parliament hosted Sami to discuss the delay in submitting the budget tables to the legislature. The appearance followed a formal request by Finance Committee Chair Atwan al-Atwani and, according to a parliamentary source, covered the implementation of the government program and the execution of the 2023–2025 Budget Law.
Shafaq News
08-07-2025
- Business
- Shafaq News
Iraqi MP: Cabinet to discuss Kurdish pay crisis
Shafaq News – Baghdad The Iraqi Council of Ministers will address the salary crisis in the Kurdistan Region during its regular session on July 8, a lawmaker revealed on Tuesday. Sabah Sobhi, the MP from the Kurdistan Democratic Party (KDP), told Shafaq News that the salary and oil disputes in the Region are on track to be resolved soon following a series of meetings between Baghdad and Erbil. He pointed out that the crisis has persisted since the amendment of Article 12 in the Federal Budget Law, adding, 'We hope the federal government will resolve the issue through legal and constitutional channels outlined in Articles 11 and 12.' On Monday, a delegation from the Kurdistan Regional Government (KRG) arrived in Baghdad—the second visit in two weeks—as part of ongoing efforts to reach an agreement with the Iraqi government, delivering the Region's formal response to the latest federal proposals.
Shafaq News
02-07-2025
- Politics
- Shafaq News
Iraqi lawmaker: 100+ laws on shelf in Parliament
Shafaq News – Baghdad Iraq's Parliament has stalled more than 100 draft laws, a member of the Parliamentary Legal Committee revealed on Wednesday. Abdul Karim Abtan told Shafaq News that Parliament remains effectively paralyzed and unable to meet, predicting these bills — including the Federal Supreme Court Law, Oil and Gas legislation, the Mandatory Military Service bill, and the Civil Service framework — will likely be deferred to the next term if the stalemate continues. Earlier, Mukhtar al-Moussawi of the Parliamentary Foreign Relations Committee blamed divisions within Iraq's ruling State Administration Coalition for blocking other key measures, including the Federal Budget Law and the Popular Mobilization Forces (PMF) Law.
Shafaq News
01-07-2025
- Politics
- Shafaq News
MP: Political divisions freeze Iraqi Parliament
Shafaq News – Baghdad Rifts among Iraq's ruling coalition have paralyzed parliamentary activity and derailed votes on major legislation, a lawmaker revealed on Tuesday. Mukhtar al-Moussawi, a member of the Foreign Relations Committee, told Shafaq News Agency that ongoing disputes between the blocs forming the government have reduced Parliament to little more than attendance. 'There's no consensus—sessions may be held, but without real outcomes,' he remarked. The deadlock has already obstructed key legislation, including the Federal Budget Law and the Popular Mobilization Forces (PMF) Law, he added, warning that continued disagreement could prevent sessions from taking place altogether. Al-Moussawi also criticized the government's role in deepening the impasse, describing an atmosphere where election campaigning has crossed legal boundaries. 'Political money is flooding the scene while Parliament remains idle—and ultimately, it's the Iraqi people who pay the price,' he added. With fewer than a week remaining before the end of Iraq's parliamentary recess, the stalemate has drawn growing concern. Several lawmakers have confirmed behind-the-scenes pressure from party leaders to delay sessions and block sensitive legislation, allegedly aiming to shield the government and some factions from controversy ahead of the November 11 elections.
