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Parliamentary reveal the financial balance of the region News dues of the budget
07.12.2015
Parliamentary Finance Committee revealed, Sunday, for dues Kurdistan region from the general budget for the current year, saying it would reach one trillion and 200 billion Iraqi dinars per month, while showed that the oil agreement between the federal government and the Kurdistan region became law in force in the budget, and must abide by it.
A member of the committee MP Sarhan Ahmed Sarhan in a statement to / scales News /, said that "the reluctance of the federal government not to implement its promises to the Kurdistan region and send amounting trillion and 200 billion Iraqi dinars financial dues per month which led to the creation of economic crisis and the kind of mistrust between the two parties ".
Sarhan added that "despite the lack of the federal government's commitment to financial obligations to the Kurdistan region, but he is committed to the export of oil in amounts established in the amount of 550 thousand barrels of oil a day."
He pointed out that "the Kurdistan region is going through a financial and economic severe crisis as a result of lower world oil prices, so the Government of the Territory applied Article 11 of the third paragraph in the budget law, which states that in the event of non-compliance Baghdad its financial obligations, the other party the right to repudiate the material and oil agreements Makhlq a new problem, but we believe it is on its way to the solution. If the two sides stick to the budget law by agreement. "
The Council of Ministers decided, in (2 December 2014), to approve the oil agreement between Baghdad and the Kurdistan region which provides for the delivery of the region no less than 250 thousand barrels of oil a day to Baghdad for the purpose of export, after reaching the Kurdish delegation headed by Nechirvan Barzani, with the central government to an agreement on the region's share in the budget and export of oil. "29-3 / h
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07.12.2015
Parliamentary Finance Committee revealed, Sunday, for dues Kurdistan region from the general budget for the current year, saying it would reach one trillion and 200 billion Iraqi dinars per month, while showed that the oil agreement between the federal government and the Kurdistan region became law in force in the budget, and must abide by it.
A member of the committee MP Sarhan Ahmed Sarhan in a statement to / scales News /, said that "the reluctance of the federal government not to implement its promises to the Kurdistan region and send amounting trillion and 200 billion Iraqi dinars financial dues per month which led to the creation of economic crisis and the kind of mistrust between the two parties ".
Sarhan added that "despite the lack of the federal government's commitment to financial obligations to the Kurdistan region, but he is committed to the export of oil in amounts established in the amount of 550 thousand barrels of oil a day."
He pointed out that "the Kurdistan region is going through a financial and economic severe crisis as a result of lower world oil prices, so the Government of the Territory applied Article 11 of the third paragraph in the budget law, which states that in the event of non-compliance Baghdad its financial obligations, the other party the right to repudiate the material and oil agreements Makhlq a new problem, but we believe it is on its way to the solution. If the two sides stick to the budget law by agreement. "
The Council of Ministers decided, in (2 December 2014), to approve the oil agreement between Baghdad and the Kurdistan region which provides for the delivery of the region no less than 250 thousand barrels of oil a day to Baghdad for the purpose of export, after reaching the Kurdish delegation headed by Nechirvan Barzani, with the central government to an agreement on the region's share in the budget and export of oil. "29-3 / h
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