All parties are awaiting a decision from the Federal Government to endorse the recently reached joint understandings2 Jul 2025 16:20
All parties are awaiting a decision from the Federal Government to endorse the recently reached joint understandings
A statement by the regional government received by "Baghdad Today" said that "the discussions focused on two main issues: the resumption of the export of oil for the Kurdistan region through the company "SOMO", and the follow-up of the payment of salaries for the months of May and June to the employees of the region."
According to the statement, the Council of Ministers stressed that the region has fully fulfilled all its obligations and even exceeded them, and showed maximum flexibility and cooperation in order to resume oil exports through SOMO, and re-transfer the proceeds of sale to the Federal Ministry of Finance, stressing that, along with oil companies, the region showed full readiness to cooperate with the federal government in order to remove all pretexts and arguments used by Baghdad not to send salaries.
The Council noted that all parties are now awaiting a decision from the Federal Government to endorse the recently reached joint understandings, which were also attended by representatives of oil companies. He considered that with the resumption of exports, there will be no legal or financial justifications left before the Federal Ministry of Finance for not paying the region's dues, especially since all procedures related to employee salaries, the number of job grades, the monthly trial balance, the joint audit between the Federal and Regional Financial Audit Bureaus, and the transfer of local revenues have been fully completed by the regional government.
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