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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    The Government of the Territory reveals its oil production and announces: The budget gave us the leg

    Rocky
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    • Post n°1

    reveals - The Government of the Territory reveals its oil production and announces: The budget gave us the leg Empty The Government of the Territory reveals its oil production and announces: The budget gave us the leg

    Post by Rocky Wed 16 Jun 2021, 2:56 pm

    The Government of the Territory reveals its oil production and announces: The budget gave us the legitimacy to sell it

    •  Time: 06/16/2021 16:54:01
       
    •  Reading: 2,717 times

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    {Political: Al Furat News} The Kurdistan Regional Government announced, today, Wednesday, its production of crude oil.
    The useful summary.. In important news, you can find it in the Euphrates News channel on the telegram.. [You must be registered and logged in to see this link.]
    Government spokesman Jutiar Adel said in a press conference, after the weekly session of the regional government, "We showed seriousness in adhering to what was stated in the Iraqi budget law."
    He added that the regional government handed over to the federal government all the required data regarding the implementation of the budget items.
    The financial budget stipulated that the region would deliver 250,000 barrels per day of oil and half of the other financial revenues to the federal government in return for 12.6 percent of the budget.
    Baghdad is scheduled to send the amounts of the region's share of the budget in retrospect, starting from the beginning of the fiscal year.
    Adel pointed out, "The joint work between the Office of Oversight in the region and the federal government continues to work, and there is a great development, and they will certainly have reports and we will publish them in the future."
    He added that the Kurdistan Region's oil production is 430,000 barrels per day, 30,000 barrels per day of which go to local consumption.
    He added that the region had previously been forced to sell oil at prices lower than the prices of international markets as a result of pressure from Baghdad, but the financial budget for the current year gave legitimacy to the region by selling its oil.
    With regard to raising the price of gasoline, he said, "The government seeks to make prices in the interest of citizens, but we cannot compare our situation with Baghdad because it has more than 5 refineries, and we have only two refineries."
    And on the salaries of the region's employees, "we decided that the payment of salaries will be every 30 days, and they are committed to it, and it may be delayed for a day or two, but it will not be more than that."
    Ammar Al Masoudi
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