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Kurdistan Region Seeks Financial Stability Amid Financial Crisis Talks

Kurdistan Region officials want financial stability amid financial crisis talks. They work hard to solve money problems with Baghdad. The Kurdistan Regional Government (KRG) cabinet meets to discuss new steps.

Prime Minister Masrour Barzani leads the cabinet. He plans to discuss the region’s financial state. He also wants to talk about salaries and oil exports.

Kurdistan faces a deep financial crisis. Many public workers still wait for their salaries. People feel worried because life grows harder without paychecks.

Tensions rose high between Erbil and Baghdad. Iraq’s federal finance ministry stopped sending budget money to the KRG. The ministry claims the KRG took more than its agreed share. Baghdad says the region failed to send enough oil to the State Oil Marketing Organization.

This move blocked salaries for more than 1.2 million people in Kurdistan. Many families now struggle to pay bills. Businesses feel pressure as cash flow dries up.

Kurdistan Region wants financial stability amid financial crisis talks. To reach this goal, Kurdish leaders began new meetings in Baghdad. Top officials from the Kurdistan Democratic Party (KDP) and Patriotic Union of Kurdistan (PUK) joined discussions. They met Iraqi Prime Minister Mohammed Shia’ al-Sudani.

Iraqi Foreign Minister Fuad Hussein, a KDP figure, also joined the talks. Supreme Judicial Council head Faiq Zidan attended as well. More Kurdish officials will join future meetings. They hope to find a fast solution.

These talks followed a big Kurdish meeting in Erbil. Masoud Barzani led that session. President Nechirvan Barzani and PUK leader Bafel Talabani also attended. They agreed to speak with one voice in talks with Baghdad.

They promised to work for financial stability amid financial crisis talks. They want Baghdad to send money so workers get paid. They say they will follow Iraq’s constitution while finding solutions.

The KRG cabinet met again recently to handle the crisis. Before that, the KDP issued a firm message. They warned Baghdad to act fast or risk bigger problems. The KDP wants this “final chance” to work.

The region’s economy depends on oil. Kurdish officials want oil exports to resume. This income could help solve budget gaps. But Baghdad controls the national oil market. This fact makes talks more complex.

People hope the talks succeed. Kurds want peace, jobs, and steady incomes. Financial stability amid financial crisis talks remains the key goal. The leaders promise to keep negotiating until they achieve it.

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