baghdad to accept the initiative of Erbil, on oil will re-draw expenditure in the budget to avoid

Baghdad to accept the initiative of Erbil, on oil will re-draw expenditure in the budget to avoid deficit

24.03.2014 (0:01 pm)
Baghdad / Mohammad Sabah

He Kurdistan Alliance, on Sunday, that the initiative of the province to export its oil via the "Sumo" is the result of continuing negotiations with the federal government, expected to be issued the Tripartite Commission report in a matter of days.

to that saw a member of the Economic Committee of the Parliament, on the mass of the rule of law, that " initiative of the province, "approved by Baghdad and was confined to the export of 100 thousand barrels from fields in Kurdistan, require the federal government to reconsider the foundations of the federal budget, saying that it will lead to higher deficits of 30-40 billion dollars,

and it would cost the state treasury about nine billion dollars during the this year, in reference to the consequences talked about experts over the past few weeks, while developed Baghdad, an exaggerated number to the roof of oil production.

suggested KRG President Barzani, on Friday, the export of the region 100 000 barrels of oil a "temporary" by Sommer, starting from the first of April next,

and that "this proposal comes as a" gesture of goodwill "with Baghdad until reaching a positive outcome in the negotiations between the two parties, while stressing not to put" preconditions "for the implementation of this proposal.

confirmed KRG President that " the provincial government will retain in all circumstances all its rights under the permanent Iraqi constitution "as they ask for the right to export oil independently, and the development of amounts in a joint account, or expand the administration Sumo to represent the province and the rest of the producing provinces.

In this context, says MP Mohsen al-Sadoun, deputy head of the block Kurdistan Alliance parliamentary, that "the federal budget for 2014 includes a record default required Kurdistan region to export 400 000 barrels per day," stressing that "this number is not legal because it is a decision by the central government only.

" He said al-Saadoun, told the "long", "The talks and negotiations between Arbil and Baghdad are continuing to settle and modify this default number in order to reach an agreement ending the outstanding problems facing the adoption of the federal budget."

He said Vice-President of the Kurdistan Alliance bloc parliamentary saying that "the initiative Hassan faith put forward by the President of the Kurdistan Regional Government Nechirvan Barzani for the export of 100 000 barrels per day would be a solution to the problematic faced by the budget,

"pointing out that" the federal government has agreed to this initiative, in the words of Deputy Prime Minister Hussain al-Shahristani. "

predicted Sadoun that "the parties can reach solutions to the problems facing the adoption of the budget, which will accelerate in the legislation in the coming days is a compromise, "stressing that" the talks, the last between the center and the region are paid the Kurdistan Regional Government to bring this initiative to solve the crisis. "

and on the work of the Tripartite Commission Parliamentary responsible for monitoring the enactment of the budget Federal, explained al-Sadoun said "Tripartite Commission continues its negotiations on a daily basis and the initiative put forward by Barzani is one Thmradtha",

noting that "the Commission will present its final report to the Presidency of the Council of Representatives this week to ensure the development of solutions to bill the federal budget for 2014."

and the voice Council of Ministers, the mid-January last year, to approve a bill the federal budget and forwarded to the House of Representatives. The House of Representatives put forward,

in 16 of this March, the draft budget for the first reading in the presence of 164 deputies, despite the absence of members of the Kurdistan Alliance and the District of mass united.

his part, says MP Abdul-Hussein al-Yasiri, a member of the Parliamentary Finance Committee, said that "the federal budget was built a month ago last May, and has been discussed by the Cabinet and the provinces and departments not associated with the Ministry and the province. "

He Yasiri, in an interview for the "long", that "the expenditure and revenue budget was built on the basis of production of 3.4 million barrels per day in the case of reducing the figure to 3.1 million barrels per day (cut Share Kurdistan to 100 000 instead of 400 000 barrels), it needs to be reconsidered in the construction of the budget by the Council of Ministers. "

asserts member bloc state law that "Parliament can not be a reduction in the budget the income for the expenses unless the aspiration of the government," he said,

adding that "Building the budget according to the number of the proposed 3.1 million barrels per day, will raise the proportion of the deficit from 30 billion to more than $ 40 billion dollars."

and continued a member of the Finance Committee said, "In this case, the Council of Ministers re-investment and operational expenses and re-calculation of the revenue." He predicted Yasiri in case the budget amendment by the Council of Ministers that "it takes to complete all modifications, changes and time-consuming."


[You must be registered and logged in to see this link.]