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2026-11-14T19:45:31.000Z

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Kurdistan 42T Budget Gap

Kurdistan 42T Budget Gap

Initial estimates for Iraq’s 2027 federal budget draft point to a fiscal gap of nearly 42 trillion dinars, amid a dispute between Baghdad and Erbil over the Kurdistan Region’s share and the transfer of oil, gas, and non-oil revenues. The estimates warned against addressing the deficit by imposing fees or taking measures that would increase the cost-of-living burden on citizens.

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