Finance Ministry announces the results of the meeting of the Ministerial Council for the Economy in Kurdistan Region

Baghdad-INA  
The Ministry of Finance announced, today, Sunday, the results of the meeting of the Ministerial Council for the Economy held in Kurdistan Region.
 
A statement by the ministry received by the Iraqi News Agency (INA) stated that "the bilateral meetings between the Ministerial Council for the Economy and the Economic Council of Kurdistan Region, which are taking place in Erbil  in the presence of the President of the Region, Masrour Barzani, as the discussions focus on mechanisms to enhance financial cooperation between the two parties and reach sustainable solutions to outstanding financial issues."
 
  "The discussions are taking place within the framework of government efforts aimed at enhancing cooperation between the federal government and Kurdistan Region, and joint financial files such as the salaries of the region's employees, the region's budget, and border crossings, in addition to coordinating customs and tax policies, are among the most important issues affecting the stability of the Iraqi economy."
 
The Minister of Finance indicated according to the statement that "the discussions represent a historic opportunity to achieve financial reconciliation between the federal government and the Kurdistan Region."
 
She stressed the importance of "enhancing financial cooperation between the two parties and reaching sustainable solutions to pending financial issues," noting at the same time that "agreeing on a fair mechanism for distributing oil revenues and border crossings will contribute to enhancing confidence and economic stability in the country."