Sunday, January 23, 2011

1-23-11 Iraqi finance minister vowed to insert Kurdish demands in budget bill

Highlights/Thoughts
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1. The Kurdistan Finance Minister vowed to incorporate the Kurdish demands in the 2011 budget
2. Kurdistan budget was decreased from 17% to 11.6%
3. Iraqi minister promised that the agreements between Baghdad and Erbil over Kurdistan oil exports and reimbursing foreign oil companies in Kurdistan will be included in the 2011 budget
4. Iraqi minister also promised to consider the Kurdish viewpoint on the modification of the budget prior to submitting it for final voting
5. The Peshmerga forces continues to be an issue that needs to be resolved

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