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Bond Ladys Corner » NEWS FROM IRAQ » Iraq General News, Economy & Oil News » ty anthonics for this article; Iraq bolsters Kurdish budget to settle financial dispute‏

ty anthonics for this article; Iraq bolsters Kurdish budget to settle financial dispute‏

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lightingcslt

lightingcslt
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04 March 2014 19:57 (Last updated 04 March 2014 19:59)
Central government and Kurdish Regional Government in budget row over oil exports revenue.
BAGHDAD
The Iraqi government approved Tuesday the transfer of US$200 million to the autonomous Kurdish Regional Government (KRG) budget in a bid to resolve conflict between the two parties over oil exports and budget distribution.
The government has decided to transfer US$800 million to Anbar province to compensate for damages from clashes between the army and rebel groups and US$200 million to the KRG to boost oil companies in the region, Iraqi legislator Jawad Al-Bazouni said at a press conference Tuesday.
"I hope the conflict will be resolved," he added.
Relations between Baghdad and Irbil have been strained since early 2013, when Iraq's parliament passed a budget for the Kurdish region over Kurdish officials' objections.
Tension mounted over Irbil's right to export oil independently of the central government as the Kurdish side attempted to sign an oil export deal with Turkey.

The Kurdish administration maintains it has a constitutional right to sign export deals without the prior approval of Baghdad, which refuses to acknowledge agreements signed between Irbil and foreign oil companies.

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vaquero


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MEMBER

lightingcslt wrote:04 March 2014 19:57 (Last updated 04 March 2014 19:59)
Central government and Kurdish Regional Government in budget row over oil exports revenue.
BAGHDAD
The Iraqi government approved Tuesday the transfer of US$200 million to the autonomous Kurdish Regional Government (KRG) budget in a bid to resolve conflict between the two parties over oil exports and budget distribution.
The government has decided to transfer US$800 million to Anbar province to compensate for damages from clashes between the army and rebel groups and US$200 million to the KRG to boost oil companies in the region, Iraqi legislator Jawad Al-Bazouni said at a press conference Tuesday.
"I hope the conflict will be resolved," he added.
Relations between Baghdad and Irbil have been strained since early 2013, when Iraq's parliament passed a budget for the Kurdish region over Kurdish officials' objections.
Tension mounted over Irbil's right to export oil independently of the central government as the Kurdish side attempted to sign an oil export deal with Turkey.

The Kurdish administration maintains it has a constitutional right to sign export deals without the prior approval of Baghdad, which refuses to acknowledge agreements signed between Irbil and foreign oil companies.

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somebody spending money !!!!!

tlm724

tlm724
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From Text the word to the weekly Prime Minister Nuri al-Maliki / Wednesday March 5, 2014

with those who ally themselves in order to disrupt the process, and the process of disabling the legislation of the state budget, which is the law of the exchange rate means that there is a departure and Mrouka on Constitution and this means that the institution that is out of the Constitution no longer have that legitimacy which should be out this sense, we have challenged the context of policy and the work of the House of Representatives to the Federal Court, I do not see him become a legitimate this policy dilatory deliberate state action, we introduced today to appeal to the Court Federal, and we hope that the decision might be brave and tough by House members to interact with the decision of the Federal Court, which will consider the matter, and I hope that it is also within the legal contexts, but As I am in the Constitution direct executive responsible for the work of the state, and this paragraph may be unknown to many, I am responsible for the management of operational process under the Constitution, and I would not be accountable to the citizens, I and my brothers in the Cabinet Kkabana ministerial such as the Ministry of integrated responsible for all the issues that needed citizen in all ministries and in front of the process of disabling the House of Representatives of the budget and we found ourselves in front of responsibility and in front of a constitutional requirement gives us the right to act and move even if it did not believe the House of Representatives on the budget, so we decided yesterday unanimously in the Council of Ministers that we are going and Snasrv of money in order to achieve the implementation of many of the requirements and needs of the Iraqi people, and this is our responsibility to implement them morally and constitutionally whether it believed the budget or did not believe them, but what we We want to be a context Thus, we wish that the context is constitutional and that the House of Representatives shall bear responsibility in the ratification of the budget and the issuance of the budget law even acting minister and the prime minister, managers and local governments, according to the contexts of legal constitutional. hence, tell the faithful members of the House of Representatives of the brothers and sisters that attendance In the House of Representatives with the determination not to put the budget is perjury,

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