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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Smuggled oil and missing borders: Erbil deceives Baghdad in the game of revenues and oil

    Rocky
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    Smuggled oil and missing borders: Erbil deceives Baghdad in the game of revenues and oil Empty Smuggled oil and missing borders: Erbil deceives Baghdad in the game of revenues and oil

    Post by Rocky Sun 09 Jun 2024, 4:55 am

    [size=38]Smuggled oil and missing borders: Erbil deceives Baghdad in the game of revenues and oil[/size]


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    June 9, 2024[You must be registered and logged in to see this link.]
    Baghdad/Al-Masala Al-Hadath: Relations between the federal government in Baghdad and the Iraqi Kurdistan Regional Government in Erbil suffer from multiple tensions related to financial, administrative and political issues. These tensions center around a number of accusations directed at the regional government, which include not handing over non-oil revenues in full, not controlling border crossings, oil smuggling, and increasing the region’s share in the budget beyond its assigned percentage.
    Parliamentary sources in Baghdad indicate that the Kurdistan Region did not hand over all non-oil revenues to Baghdad, such as customs duties and taxes.
    A member of the Finance Committee in the House of Representatives, Moeen Al-Kadhimi, revealed that the region’s share in the 2024 budget is 12.67%, excluding governing and sovereign expenses.
    Al-Kadhimi said that the regional government only handed over 85 billion to Baghdad in non-oil revenues, which is an amount that is not proportionate to the actual revenues, indicating that the region’s share of the budget amounted to 12.67 of the actual expenditure of the budget, excluding the ruling and sovereign expenses.
    These accusations reinforce doubts about the transparency of revenue management in the region.
    According to previous agreements, the regional government is supposed to hand over these revenues to the federal treasury as part of the financial understandings between the two parties, but Baghdad believes that the region retains a large portion of these revenues, which exacerbates financial tensions.
    The issue of border crossings is one of the most prominent points of contention. Officials in Baghdad accuse the regional government of not adhering to customs duties set by the Iraqi General Customs Authority, and of not adequately controlling border crossings. This leads to significant financial losses for the central government and enhances the climate of smuggling and corruption. In addition, the inability to effectively control borders allows goods to enter illegally, adding to security and economic complications.
    Another notable accusation is the ongoing oil smuggling by the Kurdistan region. Reports indicate that the region smuggles oil through unofficial outlets and sells it without the knowledge or approval of the central government.
    These practices not only violate the agreements between the two parties, but also affect the Iraqi economy and weaken Baghdad's ability to effectively manage the country's resources.
    Baghdad faces great challenges in monitoring the work of border crossings in the region on a regular basis. Officials in Baghdad point out that the inability to enforce effective oversight fuels cases of smuggling and corruption. This oversight gap leads to discrepancies in revenues and financial reporting between the two governments, which increases political and financial tensions.
    Some reports indicate that the Kurdistan Region's share in the state's general budget has significantly increased than its allocated share. This increase is a matter of controversy, as some believe that it reflects political understandings at the expense of financial justice between the different regions. Opponents stress the need to review this share and ensure a fair distribution of resources in line with the population and production needs of each region.
    It is noteworthy that the region’s share in the 2023 budget amounted to 16 trillion and 690 billion dinars, while former member of the Kurdistan Regional Parliament, Jihad Hassan, stated that the region’s share in the year 2024 amounted to 20 trillion and 900 billion dinars, an increase estimated at 4 trillion and 210 billion dinars.
    Obelisk - follow-up - agencies
    The text that includes the name of the writer, party, or agency does not necessarily express Al-Masala’s point of view, and the source is responsible for the content. The Obelisk’s responsibility is to report news impartially and defend freedom of opinion at its highest levels.
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