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[size=38]Amid Governmental Failure, Kurdish Pressure To Increase The Region's Financial Ratio
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LAST UPDATE 02/13/2022 | 6:41 PM
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On Sunday, Mahmoud Al-Hayani, a member of the Al-Fateh Alliance, suggested that the Kurdish parties would exert pressure on the central government to try to increase the region's percentage of financial benefits or to export larger quantities of oil by means of political pressure.
Al-Hayani told the agency, "Information", that "the defect in the Iraqi parliament and the central government, which approves the budget and determines the method of disbursing funds, as they did not specify laws or strict procedures against the Kurdistan region companies, which export daily more than one million barrels of Iraqi oil, and all of their revenues go to the presidency of the region." “.
He added, "As the regional government is affiliated with the central government, the latter must control the oil side, even in the region, and not allow the Kurdish oil companies to enter," noting that "the negligence of the central government due to the lack of oversight over these companies provides the opportunity for them to exploit these funds." .
A member of the Al-Fateh Alliance explained that "the Kurdish parties are trying to put pressure on the central government to increase the region's percentage of financial benefits or towards exporting larger quantities of oil, by way of political pressure and the consensus that takes place within the political process."
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