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June 30, 2022
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Today, Thursday, the Kurdistan Region announced that it has taken constitutional legal moves to confront the pressures exerted by Baghdad regarding the oil and gas file related to the region, stressing at the same time that the federal government sent only 400 billion dinars out of a total of 1.2 trillion dinars in the first half of this year. This came during the first meeting held by the Regional Council for Oil and Gas Affairs, after the amendment of the Oil and Gas Law, headed by the President of the Kurdistan Regional Government, Masrour Barzani, and in the presence of the Deputy Prime Minister and Deputy Chairman of the Regional Council for Oil and Gas Affairs Qubad Talabani.
According to an official statement issued by the Prime Minister's Media Office, the meeting discussed oil revenues and expenditures for the first six months of 2022.
The statement added that in the first paragraph of the meeting, the general revenues obtained from the export and sale of oil were presented, which include the total oil produced, exported and consumed locally, in addition to the average price of a barrel of oil sold during this period.
He pointed out that the meeting dealt with "how to spend revenues in financing the salaries of the six months of this year, as the Kurdistan Regional Government provided the necessary funds from oil revenues to fully finance salaries for six months of 2022." The statement stated, “While the federal government should have sent one trillion and 200 billion dinars during the first six months of 2022, it only sent a two-month amount of 400 billion dinars, while the regional government provided salaries monthly from oil revenues and internal revenues, and distributed salaries in Per month".
The statement stated that "the meeting also discussed other government expenditures, except for salary expenditures obtained from oil revenues in the first six months of 2022, and it was decided that the Deloitte report, enhanced by statistics, information and figures, would be presented to public opinion next week."
The meeting also stressed, according to the statement, “the need to enhance transparency in this direction, as the region provides the federal government with all information and numbers, and it does so even for public opinion in the region, Iraq and abroad, and it will continue to do so, especially since the recent report of the joint team of the financial audit bureaus of the region and Baghdad.” Regarding the audit of revenues, expenditures, debts and staffing, there is evidence of this fact.”
The second period of the meeting dealt with the latest developments regarding the relationship between the Kurdistan Regional Government and the federal government over the dispute over oil and gas, as well as the legal preparations made by the Kurdistan Regional Government, under the constitution, to confront the pressures of the federal government and the Federal Ministry of Oil. The meeting stressed the need to solve problems in accordance with the constitution, and reiterated the region's negotiating delegation's readiness to visit Baghdad in this regard, according to the statement.
[You must be registered and logged in to see this link.]
Today, Thursday, the Kurdistan Region announced that it has taken constitutional legal moves to confront the pressures exerted by Baghdad regarding the oil and gas file related to the region, stressing at the same time that the federal government sent only 400 billion dinars out of a total of 1.2 trillion dinars in the first half of this year. This came during the first meeting held by the Regional Council for Oil and Gas Affairs, after the amendment of the Oil and Gas Law, headed by the President of the Kurdistan Regional Government, Masrour Barzani, and in the presence of the Deputy Prime Minister and Deputy Chairman of the Regional Council for Oil and Gas Affairs Qubad Talabani.
According to an official statement issued by the Prime Minister's Media Office, the meeting discussed oil revenues and expenditures for the first six months of 2022.
The statement added that in the first paragraph of the meeting, the general revenues obtained from the export and sale of oil were presented, which include the total oil produced, exported and consumed locally, in addition to the average price of a barrel of oil sold during this period.
He pointed out that the meeting dealt with "how to spend revenues in financing the salaries of the six months of this year, as the Kurdistan Regional Government provided the necessary funds from oil revenues to fully finance salaries for six months of 2022." The statement stated, “While the federal government should have sent one trillion and 200 billion dinars during the first six months of 2022, it only sent a two-month amount of 400 billion dinars, while the regional government provided salaries monthly from oil revenues and internal revenues, and distributed salaries in Per month".
The statement stated that "the meeting also discussed other government expenditures, except for salary expenditures obtained from oil revenues in the first six months of 2022, and it was decided that the Deloitte report, enhanced by statistics, information and figures, would be presented to public opinion next week."
The meeting also stressed, according to the statement, “the need to enhance transparency in this direction, as the region provides the federal government with all information and numbers, and it does so even for public opinion in the region, Iraq and abroad, and it will continue to do so, especially since the recent report of the joint team of the financial audit bureaus of the region and Baghdad.” Regarding the audit of revenues, expenditures, debts and staffing, there is evidence of this fact.”
The second period of the meeting dealt with the latest developments regarding the relationship between the Kurdistan Regional Government and the federal government over the dispute over oil and gas, as well as the legal preparations made by the Kurdistan Regional Government, under the constitution, to confront the pressures of the federal government and the Federal Ministry of Oil. The meeting stressed the need to solve problems in accordance with the constitution, and reiterated the region's negotiating delegation's readiness to visit Baghdad in this regard, according to the statement.
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