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Parliamentary Finance: Kurdistan has not made promises to deliver its oil to Sumo because it is unable to
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Economy News _ Baghdad
The Parliamentary Finance Committee confirmed, on Friday, that the political blocs had not reached any agreement regarding the share of the Kurdistan region within the draft federal budget law for 2021.
A member of the committee, Siham Al-Aqili, said in a press interview, "The Finance Committee has completed all the budget items leaving only the share of the Kurdistan region," noting that "the point of disagreement revolves around the delivery of oil to the National Sumo Company."
She added that "the region has not made any real promises to deliver oil to Baghdad, and this is what prompted the political blocs to insist on delivering oil via SOMO," indicating that "the Kurdistan government is unable to deliver oil because of its foreign obligations with a number of countries."
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