Kuwait - Mubasher: Kuwait Oil Company signed contracts worth $1.73 billion from 2013 until September 2023; To rehabilitate the soil in oil fields from the effects of the Iraqi invasion, according to what a document showed .
Last year, Iraq completed paying $52.4 billion; To compensate individuals, companies and governments who have proven that they suffered damage due to the invasion and occupation of Kuwait in 1990.
This comes in the wake of the United Nations Compensation Commission, which was formed by the United Nations Security Council after the 7-month occupation, receiving a portion of the proceeds from oil sales. It approved 1.5 million applications that met the conditions, and their owners received $52.4 billion. According to Reuters.
The value of the largest claim approved was $14.7 billion, and was in favor of the Kuwait Petroleum Corporation, which is affiliated with the Kuwait Oil Company. Damage resulting from Iraqi forces setting fire to oil wells .
Amidst revealing the reasons for the delay... a Kurdish delegation to Baghdad to discuss salaries and the budget
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Al-Atwani: Hosting the Federal and Regional Ministers of Finance establishes a new phase of interaction
Today, 13:15
Baghdad - IA
Chairman of the Parliamentary Finance Committee, Atwan Al-Atwani, confirmed today, Wednesday, that hosting the federal and regional finance ministers establishes a new phase of dealings between the center and the region.
Al-Atwani said in a statement received by the Iraqi News Agency (INA): “Hosting the Finance Committee of the Federal and Regional Ministers of Finance came to review the facts,” indicating that “hosting establishes a new phase of dealing between the central government and the region on the basis of resolving all problems under the roof of the Constitution and the instructions of the law.” Budget.
He added, "The Finance Committee is charged with monitoring the extent of the Kurdistan Region's commitment to implementing Article 12 of the Budget Law."
He stressed that "all federal revenues must enter the state treasury," pointing out that "the Parliamentary Finance Committee represents all segments of the people without discrimination."
Earlier today, the Parliamentary Finance Committee hosted the federal and regional finance ministers.
The Media Department of the House of Representatives stated in a statement received by the Iraqi News Agency (INA), that "the hosting came to discuss the region's revenues and implement budget instructions."