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The Minister of Finance transfers half of the oil revenues to the Kurdistan region
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Baghdad / ... Deputy Yusef Al-Kalabi accused, on Wednesday, the Minister of Finance Fuad Hussein of transferring half of the oil revenues to the Kurdistan region, indicating at the same time that the region did not hand over the federal government one dinar from the region's imports.
Deputy Youssef Al-Kalabi said, in a press statement, that the revenues of Iraq do not exceed one trillion Iraqi dinars, and the Minister of Finance insists, until last March, on transferring 458 billion dinars to the region.
He added that this means that the Minister of Finance will take more than half of the Iraqi revenues and send them to the region after the recent OPEC agreement, explaining that the Minister is insisting on violating Article 10 of the Budget Law No. 1 of 2019, as well as Article 27 / Fifth of the Financial Management Law, despite the issuance of books banning exchange From the Integrity Committee and the Finance Committee.
Al-Kalabi pointed out at the same time that the region did not hand over Baghdad one dinar of oil revenues or outlets, which means that the region acquires the ports and imports of the region and half of the country's revenues.
Finance Minister Fouad Hussein belongs to the Kurdistan Democratic Party led by former regional president Masoud Barzani, and he was the last secretary.
Deputy High Nassif confirmed, earlier Wednesday, that the caretaker government has no right to take a decision to reduce Iraq’s oil production by twenty-three percent of total production, wondering whether the decision to reduce oil production includes the Kurdistan region, and whether the government will continue to pay the same percentage that was You pay it to the region before the discount.
And the Minister of Oil, Thamer Al-Ghadban, stated earlier that the oil reduction rate of 22.8% applies to all OPEC countries without exception, "including Iraq" in accordance with the recent agreement of the OPEC + meeting. Finished 2
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