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[size=45][size=41]The Kurdistan Democratic Party reveals the agreed upon mechanism for sending the region's money from Baghdad[/size]
22 hours ago
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22 hours ago
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A member of the Kurdistan Democratic Party, Wafaa Muhammad Karim, revealed the most prominent results of the visit of the Kurdistan Region delegation to Baghdad to discuss outstanding issues, the most prominent of which is the legislation of the oil and gas law.
Karim said in a press interview seen by “Takadam” that “the delegation recently discussed with the Federal Ministry of Oil the agreement to resolve the contentious points regarding the management of oil policy inside the country, as well as finding solutions to it in accordance with the constitution, and this was agreed upon prior to the formation of the Sudanese government in the meeting of the “coalition.” state administration,” noting that “the agreement stipulated the legislation of the oil and gas law within a period of time of 6 months since the formation of the new government, and the delegation is still continuing its discussion with Baghdad.”
He added, "The preliminary results of the delegation's understandings with Baghdad revealed that it had reached significantly advanced stages regarding the understanding on the oil and gas law, as the imports of selling oil in all countries will be in one basket, and the administration will be joint," pointing out that "the delegation has decided Likewise, the file of the region’s share of the 2023 budget, where it was agreed to allocate 14% of the funds of the financial budget to Kurdistan.
Regarding the mechanism for sending the funds allocated from Baghdad to the region within the 2023 budget, Karim said, “The discussions between the Kurdistan delegation and Baghdad decided to send the money in the form of a financial loan until the completion of the oil and gas law legislation, given that the Federal Court issued its ruling preventing the payment of financial payments to the region.” ".
It is worth noting that the Federal Supreme Court in Iraq issued a decision on the twenty-fifth of last January, annulling all government decisions related to transferring funds to the Kurdistan region.
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