Abadi al-Maliki government cancel the terms of the penal Erbil

Abadi al-Maliki government cancel the terms of the penal Erbil

01-12-2014 10:06 AM

Abadi al-Maliki government cancel the terms of the penal ErbilThe Iraqi government announced the cancellation of the financial sanctions imposed on the Kurdistan region of northern Iraq, and the sanctions include the deduction of any deficiency in the export earnings of the region’s oil from financial stake in the Iraqi budget, the mother, and the lack of financial allocations for the Peshmerga forces Exchange (northern region of Iraq’s army) only after submitting to control The central government.
The Minister of Science and Technology in the Iraqi government, Knight Jajo, the draft budget 2015 abolished the penalty clauses (financial penalties) that were previously imposed on the region, pointing out that the draft budget is being rewritten again, after a decline in the sale of oil prices in the international markets.
The previous government of Prime Minister Nuri al-Maliki to impose any penalty clauses Erbil (the provincial capital), including the lack of any deduction in the region’s oil export revenues from financial stake in the federal budget, for any reason, including the decline in exports due to bad weather.
He Jajo, in a press statement, ‘today .. No penalty against the Kurdistan region within the terms of the federal budget for the project, which has been prepared, The Region will receive 17% of the budget, compared to the export quantities of oil will be later increased to agree on a mechanism’.
The Iraqi minister added that the draft budget, which was prepared during the past few weeks, built on a price of $ 80 per barrel, but now there is a significant decline in the sale of oil prices, he said, adding that according to the report, which arrived from the Ministry of Oil, the price of a barrel reached $ 66 a barrel in the markets Global, which prompted the government to reconsider the project submitted by the concerned authorities and the reformulation of the draft budget according to the new rates.
The visiting delegation from the Government of the Territory, Baghdad, yesterday and today, to address the problems between the two parties, and after less than a month on the initial agreement between Baghdad and Erbil by which transfer $ 500 million from the central government to pay for the Kurdistan Regional Government employees’ salaries, that the last set of 150 thousand barrels of oil per day at the disposal of the federal government.

The dispute between the federal government and the province of northern Iraq, is about the points most important region staff, which stopped the Maliki government since February last salaries, in response to the oil exporting region to Turkey and Israel, without their consent, as the central government rejected the Peshmerga salaries Exchange, in protest at the lack of association with the Iraqi security system.

ikhnews.com