Iraq’s parliament approves budget, ending dispute over oil revenue sharing with Kurdish region

[ad_1] BAGHDAD — Iraq’s parliament belatedly approved a record $152 billion budget for 2023 on Monday, after months of wrangling over the sharing of oil revenue between the central government in Baghdad and the semi-autonomous Iraqi Kurdish region in the north. The process was also hampered by infighting between different Iraqi Kurdish parties. The budget — approved six months into the fiscal year and after four chaotic late-night voting sessions — allocates 12.6% of the…

"Iraq’s parliament approves budget, ending dispute over oil revenue sharing with Kurdish region"