Draw Media

(Revenue collection should be centralized - the region should have a single financial flow - Ministerial committee manage revenue and expenditure- The of 43% to 47% equation in expenditures and filling the salary deficit between Erbil and Sulaimani should be abolished) This is the essence of a financial paper prepared by the PUK team for negotiations with the KDP team and return to government meetings.

First meeting after 6 months

After more than six months of boycotting the meetings of the Council of Ministers, Qubad Talabani, Deputy Prime Minister and head of the PUK team in the government, met with Masrour Barzani, Prime Minister and Deputy Leader of the KDP.

The meeting comes days after US Assistant Secretary of State Barbara Leaf visited the Kurdistan Region, where the issues between the PUK and PDK were discussed and Washington's message was conveyed to both sides.

PUK financial paper for negotiations

The meeting was a prelude to the start of negotiations to return the PUK team to the cabinet meetings, according to information obtained by Draw Media, the PUK has prepared a financial paper called "Principles of Financial Regulation of the Kurdistan Region."

Draw Media has obtained the essence of the financial paper of the PUK for negotiations with the KDP and return to the meetings of the Council of Ministers.

A paper and several topics

The financial document prepared by the PUK for negotiations with the KDP consists of several topics:

• Revenues

• Expenditures and (Spending authority)

• Filling deficit

• High Ministerial Committee to decide, follow up and receive various revenues and take necessary measures in case of non-implementation of the principles

What is the PUK's project to collect revenues?

According to the financial paper, the PUK has called for a ministerial committee to manage the revenues and expenditures in the Kurdistan Region. This indicates that the PUK is concerned about concentrating revenue management power in the hands of Prime Minister Masrour Barzani.

In this regard, the PUK demands in its letter:

• Revenue collection should be based on “genuine partnership” and be “centralized” throughout the region.

• Recording all revenues in the Ministry of Finance in a “central” manner.

Suspension of the decision to allocate a portion of the internal revenue of the ministries for themselves.

Collecting all revenues in a single public treasury.

Close all bank accounts of ministries in private banks and transfer receipts of ministries from private banks to government bank accounts.

The Kurdistan Region should have a single financial flow.

• Directing and managing revenue and expenditure centrally under the supervision of a high ministerial committee according to the level of authority assigned to each of:

- Prime Minister of the Council of Ministers

- Deputy Prime Minister

- Minister of Finance and Economy

- Minister of Planning

- Head of the Office of the Council of Ministers