Kurdistan region reveals its percentage from the next budget and denies the agreement with Abdul-Mahdi to receive it before his resignation

Kurdistan region reveals its percentage from the next budget and denies the agreement with Abdul-Mahdi to receive it before his resignation

12/8/2016 15:11

Kurdistan region reveals its percentage from the next budget and denies the agreement with Abdul-Mahdi to receive it before his resignation[Baghdad-where] The
Kurdistan region denied, today, Sunday, the agreement with the resigned Prime Minister Adel Abdul Mahdi to hand over 22% of the budget to the region before submitting his resignation, explaining that the agreement provides for the delivery of 250 thousand barrels per day.

The head of the Kurdistan Regional Government’s representative in Baghdad, Faris Issa, said in a press statement that the final agreement reached by the Kurdish delegation with the federal government requires that the region hand over 250,000 barrels per day to SOMO Company in exchange for granting Kurdistan 12.6% of the federal budget that includes the peshmerga salaries.

In his statement, Fares denied the authenticity of the news regarding the agreement with Prime Minister Adel Abdel Mahdi before submitting his resignation to hand over the region 22% of the budget.

He added that the implementation of this agreement will be made if the budget for next year 2020 is approved.

On Thursday, December 5, the Minister of Finance of the Kurdistan Regional Government announced that the federal government in Baghdad would deliver 250,000 barrels of crude oil “per day.”

The State of Law coalition announced yesterday, Wednesday, its refusal to implement any agreement that the current government will make with the Kurdistan Region, as it is a “caretaker” government.

The Kurdistan Regional Government, after a meeting held on Tuesday, expressed its hope to implement what was agreed with the Federal Ministry of Finance in Baghdad.

According to a statement, the meeting expressed its hope to implement what was agreed upon between the two sides, and also urged the Kurdish blocs in the House of Representatives and other blocs to support the preparation of the subsequent stages during the discussion of the draft budget, including securing constitutional rights and financial entitlements to the Kurdistan region.

alliraqnews.com