Last week, a delegation of officials from the KRG led by Talabani arrived in the Iraqi capital for face-to-face meetings about the federal budget and other financial issues.

Talabani said during a press conference that the delegation will remain in Baghdad until it is able to conclude an agreement about the Kurdistan Region’s share of the 2021 Federal Budget Law and oil exports, NRT reported.

“We have shown our commitment to the loan law to deliver oil and revenue,” Talabani said.

Tensions between the two governments came to a head in April when Baghdad cut off all funding to the KRG following Erbil’s fifteen-month refusal to send oil to the federal government as it was required to under the 2019 Federal Budget Law.

As a result, the KRG was unable to pay its employees, missing several months of salary payments and cutting disbursements by almost a quarter.

Baghdad and Erbil recently reached a technical agreement over the Region’s budget share that would see the KRG send 250,000 barrels of oil per day and customs income to the federal government in return for 12.67 percent of the federal budget, which largely mirrors the language of the 2019 budget.

Reporter's code: 50101