Channel8 English · 3 Nov 2026
Baghdad Offers Budget Flexibility But Maintains Strict Oil Redlines
Baghdad is ready to adjust the Kurdistan Region's budget and waive 12 trillion IQD in debt. Oil management, non-oil revenues, and the ASYCUDA system remain strict federal red lines. Iraqi Finance Minister Faleh al-Sari confirmed plans to amend Article 10 of the budget bill. The federal government is open to increasing the Kurdistan Region's budget share past 13%.
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