HomeEconomyKRG Council to...

KRG Council to Review 2026 Budget and Oil Export Agreement

The KRG Council of Ministers will review the 2026 budget, oil export agreement implementation, and follow up on public sector salary payments. Council of Ministers will meet to discuss major economic and financial issues. The agenda includes preparation of the 2026 budget and progress on implementing the oil export agreement.

Council members will review current oil export arrangements and examine challenges affecting implementation. They will outline steps to improve coordination and ensure smoother execution. The government aims to strengthen financial stability through these discussions.

The Council will also address public sector salary payments. Ministers will follow up on the disbursement of salaries for November and December 2025. The government plans to ensure employees receive outstanding payments without further delay.

In addition, the Council will focus on financial planning for 2026. Members will discuss mechanisms to guarantee timely monthly salary payments throughout the year. They will also review other financial entitlements owed to public employees.

Government officials emphasize salary regularity as a key priority. Delayed payments have placed pressure on households and local markets. Therefore, the Council intends to adopt measures that prevent future disruptions and restore public confidence.

The budget discussions will also cover revenue projections and spending priorities. Ministers will work to balance public services, development needs, and fiscal discipline. They aim to create a sustainable financial framework for the coming year.

Observers say the meeting comes at a critical moment. Economic planning and salary issues remain a major public concern. Decisions from this session will shape financial policy for 2026.

Following the meeting, the Council will release official statements outlining decisions and next steps on the budget, oil exports, and salary payments.

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...