Kurdistan affirms its official position on the delivery of oil and financial revenues to Baghdad

Kurdistan affirms its official position on the delivery of oil and financial revenues to Baghdad

05/13/2020 17:50:38

Kurdistan affirms its official position on the delivery of oil and financial revenues to Baghdad{Baghdad: Al Furat News} The Kurdistan Regional Government announced, on Wednesday, its willingness to hand over oil and the financial revenues accruing from it to the federal government in accordance with the agreement concluded between the two sides at the end of 2019, stressing that the region’s government has a “significant” deficit in revenue due to the outbreak of the Corona virus.
“The meeting was under the direct supervision of Prime Minister Masroor Barzani and his deputy, Qubad Talabani, and discussed three axes, the first first of which: the financial and economic situation in the region and solutions were discussed The policies that the government will take and measures to alleviate the legacy of the Coronavirus. ”
He added that “the region’s government will do its utmost to secure salaries, without doubt, as the financial and economic situation of Kurdistan differs from that before the outbreak of the Corona virus, and this matter is not specific to Iraq or the region, but rather includes the entire world.”
He explained that “the second axis of the meetings discussed the community discussions with Baghdad to resolve the differences and outstanding issues. Fortunately, the dialogues will continue as we emphasized the financial dues for the Kurdistan Region,” adding, “We confirm that we are ready and within the framework of the agreement concluded in 2019 to deliver oil.”
And Adel added, “We are also committed to handing over the financial revenues accruing from oil sales and depositing them in the treasury of the Iraqi state,” noting that the delegation of the Kurdistan Regional Government will visit Baghdad again, but he did not specify a date for that.
He noted that “we have a large import deficit, and we are ready to deliver 250,000 barrels of oil production per day to the federal government,” noting that the provincial government will distribute salaries to employees and workers in the private sector as the funds are available. ”
Wafaa al-Fatlawi ended

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