Barzani: financial crisis will continue for the next two months

Barzani: financial crisis will continue for the next two months

Wednesday, May 28, 2014 14:01

Barzani-financial crisis will continue for the next two monthsBAGHDAD – Baghdad .. News / The head of the Kurdistan Regional Government in charge, Wednesday, that the financial crisis in the Kurdistan region will continue for the next two months in the region, adding that the proportions of oil exports will amount to 500 000 barrels per day by the end of this year.
Barzani gave a speech during a session of the Kurdish parliament today, in connection with the financial crisis in the region, he pointed out that the Kurdistan region received so far trillion Iraqi dinars within the region’s share of federal financial budget, out of the entitlement of 6 trillion dinars.
He said that the financial crisis in the Kurdistan region will continue for the next two months, indicating that we assure everyone that the salaries of all employees of the province will be spent will not be deprived of any employee salary.
With regard to the export of oil region to foreign markets, he said, during the next term will see the amount of oil exported from the region increased to up to 250 000 barrels per day, up to ratios of oil exported until the end of this year to 500 000 barrels per day.
And increased Barzani said: Based on Law No. 5 of 2013 of the Parliament of the Kurdistan region, the provincial government decided to export and sale of oil of Kurdistan.
The relation between Arbil and Baghdad, strained for years because of a dispute over multiple files, delusional file oil and gas, and escalated the differences between the two sides after the announcement of Arbil sell quantities of oil early this May without the approval of Baghdad, which has threatened to file a lawsuit against the Erbil and Turkey for not obtaining consent When selling oil Kurdistan. 21 P ended.

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