Kurdistan Region Prime Minister, Masrour Barzani, on Monday, announced that they had reached an agreement with Mustafa Kazemi, the Prime Minister of Iraq, to resume the budget of the Kurdistan Region.

"I spoke with PM Mustafa al-Kadhimi today as part of our ongoing talks and shared commitment to bring certainty to the Erbil Baghdad relationship, "the prime minister Barzani tweeted.

"I’m pleased to announce we’ve reached a deal that will see federal budgetary payments restored to the KRI and backdated to Jan 2021," he added.

"During our call, I thanked him for his leadership, and the federal cabinet for its support for this important milestone. We overcame this difficult, long-standing obstacle together," he also added.