What is the Kurdistan Regional Government’s (KRG) economic system? What is produced in the KRG? Who decides on the nature of the system of distribution? The answers are far from clear. The political and economic system can be described as transitional, that is, incomplete. It is not a transition from one economic system to another. The transitional change primarily happens in politics rather than in economics. There is a mixture of a command and control economy with a sort of market economy clearly dominated by politics. To name the economic system of the region is challenging. The administrative system in the KRG is divided and yet to be unified. Thus, this chapter argues that there is more than one economic system as there are more than one political sovereign.