He noted that the Region’s capacity to meet the costs of the war against ISIS, compounded by the costs of assistance being provided to refuges and IDPs, have been greatly worsened by Baghdad withholding the agreed share of national revenue since February 2014 along with the sharp decrease in global oil prices.
He informed that the KRG has begun to implement measures to address the financial crisis and noted that in this regard technical assistance from the international community is welcomed, particularly from the EU. Toward resolving the financial crisis, he also informed that the KRG is taking measures toward reforming administrative structures and systems.
Prime Minister Barzani reaffirmed the KRG’s commitment to dialogue and negotiation in resolving internal issues and those with Baghdad.
Prime Minister Barzani also noted that regarding the right to self-determination a referendum will be conducted in the Kurdistan Region and the results will be presented to Baghdad in a spirit of peaceful discussion.
(Source: KRG)
Comments are closed.