Finance: the oil agreement between Baghdad and Erbil will be included in next year’s budget
Parliamentary Finance: the oil agreement between Baghdad and Erbil will be included in next year’s budget
Tuesday, August 23, 2016 16:34
BAGHDAD / Baghdadi Uz..okd member of the Finance Committee, Ahmed Sarhan, said on Tuesday that the oil agreement signed between Baghdad and Erbil will be included in the draft budget law next year, noting that the share of the 17 region in the budget was a dead letter in recent years.
Ahmed said in an interview with / Baghdadi News / he “will be the oil agreement between the province of Arbil and the inclusion in the budget next year, handing the region’s share budget requirement, amounting to 17%.”
He said Ahmed, a deputy from the Kurdistan Alliance, said that “the region’s share in Moanh over the past years has been a dead letter, because of the government’s failure to send allocations province amounting to more than a billion dollars a month,” stressing that “the violation of the Kurdistan region to agree the oil and export oil directly , it came in response to the government not to send to the region’s share. ”
Signed at the Oil Ministry (12.02.2014) an agreement with the Kurdistan region provides for the export of the provincial government of oil from Baghdad by the federal government in exchange for disbursement region’s share of the budget, amounting to 17% .anthy 21 / d