HomeEconomyKRG Council Discusses...

KRG Council Discusses Unpaid Salaries and Oil Export Progress

The Kurdistan Regional Government Council of Ministers, chaired by Prime Minister Masrour Barzani, held its first meeting of the new year to address key financial and economic issues. The session focused on resolving unpaid salaries for the final months of 2025 and ensuring stable financial entitlements for 2026.

According to an official statement, the council discussed multiple priorities, with the two most important areas being public sector salaries and oil exports. Officials emphasized the urgent need to finalize payments for months 11 and 12 of 2025 while securing funding for ongoing monthly expenditures throughout 2026.

During the meeting, ministers reviewed the financial performance of 2025 and evaluated the fiscal outlook for 2026. They outlined strategies to guarantee timely salary payments, maintain public services, and secure other entitlements allocated to the Kurdistan Region from the federal budget. The council aimed to create a sustainable financial framework to support economic stability and growth in the coming year.

The council also examined progress on the tripartite oil export agreement. Officials highlighted the Kurdistan Region’s successful implementation of the agreement during the final three months of 2025. They presented detailed data on the volume of exported oil and the revenues transferred to the federal treasury. Ministers discussed steps to ensure continued compliance and further strengthen the agreement’s implementation in 2026.

Prime Minister Barzani emphasized the government’s commitment to maintaining financial stability, supporting public employees, and sustaining transparent revenue management. Council members stressed the importance of balancing fiscal responsibility with economic development priorities to meet the region’s needs effectively.

Observers noted that the meeting signals the KRG’s determination to resolve financial challenges promptly and maintain progress on strategic economic agreements. Officials confirmed that the council will continue monitoring salaries and oil revenues to guarantee consistent funding and economic stability.

Continue reading

Prime Minister Masrour Barzani Approves Erbil Air Defense Deployment as Oil Activity Advances

Erbil is preparing to receive a new air defense system following approval from Prime Minister Masrour Barzani. As a result, officials expect the move to strengthen protection for critical infrastructure and support regional stability. Officials confirmed that plans for the...

President Nechirvan Barzani and Mazloum Abdi Emphasize Syria Dialogue Efforts

President Nechirvan Barzani, U.S. envoy Tom Barrack, and Syrian Democratic Forces Commander Mazloum Abdi held discussions on developments in Syria and regional security. As a result, the meeting highlighted the importance of dialogue and cooperation in addressing ongoing challenges. During...

Tom Barrack Highlights Iraq Stability Cooperation After Meetings with Kurdish Leaders

U.S. envoy Tom Barrack emphasized the importance of cooperation and stability following a series of meetings with Kurdish leaders in the Kurdistan Region. As a result, the discussions focused on key political and economic issues that affect the future...