[size=36]Parliamentary Finance: The region relies on the Aqiyam system to pay its obligations to Baghdad[/size]
[You must be registered and logged in to see this link.][You must be registered and logged in to see this link.]
Committee member Mahasin Hamdoun said, "The Kurdistan region did not hand over oil imports and ports to the federal government, but rather adopted the residency system for the payment of benefits, meaning that it calculates its share on the basis of the 2021 budget, and is paid according to the difference between the region's budget and its entitlement, which is spent by the federal government."
Hamdoun added, "There is a weak point that the Kurdistan region does not deliver its oil imports and the revenues of the ports, and it did not adhere to the agreement that was approved in the budget, but rather relied on the principle of values."
Regarding the 2022 budget, Hamdoun saw that “it is difficult to approve the budget for the remainder of the parliament’s life,” explaining that “the parliament’s sessions are suspended, and even if the text of the draft budget is sent in the ninth month, it is difficult for parliament to meet to approve it within one month because of the proximity of elections.”
Yesterday, Saturday, the Kurdistan Regional Government revealed the issuance of a decision by the federal government to send 200 billion dinars to the region, within its share under the 2021 budget.
The head of the Kurdistan Regional Government’s representative in Baghdad, Faris Issa, told the Iraqi News Agency (INA), that “the federal government decided to send 200 One billion dinars to the Kurdistan government this month, as a government letter was issued to the Federal Ministry of Finance for the purpose of disbursing the amount and transferring it to the region.
He added, "The Kurdistan Representation in Baghdad also received the book." Ended 29 / A87