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For the first time since 2003 ... there is congruence and understanding between Baghdad and Erbil


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Ghadban announces a preliminary agreement between Baghdad and Kurdistan on the draft budget

https://www.shafaaq.com/ar/اقتصـاد/الغضبان-يعلن-اتفاقا-مبدئيا-بين-بغداد-وكوردستان-على-مشروع-الموازنة/

2019/11/25 07:28:25
 

Deputy Prime Minister and Oil Minister Thamer Ghadhban, reached an agreement with the Kurdistan region on the federal budget for 2020.
This came after a delegation from the Iraqi government met with a delegation from the Kurdistan Regional Government to discuss the draft Iraqi budget law.
Minister Thamer Ghadhban told reporters after the meeting, "an agreement has been reached in principle, which I can personally describe as final, to deliver oil extracted from the Kurdistan region to the Iraqi Oil Marketing Company (SOMO), which will export via pipeline to the Turkish port of Ceyhan at a rate of 250 thousand barrels Daily.
Relations have improved with the change of governments in Baghdad and Erbil, the capital of the Kurdistan region.
As part of the 2018 and 2019 budgets, the Kurdistan Region agreed to send 250,000 barrels per day to federal authorities in return for Baghdad's payment of government salaries.
Minister Thamer Ghadhban said that the process of receiving oil from Kurdistan will be from 1/1/202.
He added, that a meeting will be prepared next week in which representatives from the region to discuss the draft budget law and in order to finalize it and send it to the Council of Ministers for discussion and approval and then sent to Parliament to be legislated and become a law.

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Probably the most significant news of the year (ie. HCL and 140) as these were supposed to be implemented back in 2007 or so. Thus, this could be the reason for AM's recent excitement      

Looks like the HCL is s close to be enacted.   Go HCL Go profit sharing  Go RV Go asap 

They promised, they came, they delivered.  HCL Thanks!  

Kurdish MP: Abdul Mahdi's government has been subject to our oil and financial conditions

 


Last updated: 25 November 2019 - 2:12 pm
Erbil, Nov. 25 (BNA) Kurdistan Regional Parliament Member, Bahjat Ali, revealed on Monday (25 November 2019) three proposals being negotiated between the delegation of the Kurdistan Regional Government and officials in Baghdad. Ali said in an interview, "The first proposal, is to deliver 250 thousand barrels of oil on a daily basis to Baghdad, in return for sending all the financial receivables of the region, including salaries and expenses of sovereignty, salaries of the Peshmerga, and an investment budget." He added, "The second proposal is that the region sells oil directly, and hand over money for the sale of 250 thousand barrels to Baghdad, and receive all financial dues." He pointed out that "the third proposal stipulates that the region sells oil directly, and Baghdad deducts 250 thousand barrels, and send the rest of the receivables, which are salaries of 454 billion dinars per month, in addition to salaries of the Peshmerga of 68 billion dinars per month."The delegation of the Kurdistan Regional Government, had met, earlier today, with the Minister of Oil Thamer Ghadban, after his arrival in the capital Baghdad. The delegation included "Awat Sheikh Janab, Minister of Finance in the region, Dara Rashid, Minister of Education in the region, and Khalid Shwani, Minister of the Territory, Omid Sabah, Chief of the Cabinet of the Council of Ministers of the region, and Amang Rahim, Secretary of the Council of Ministers of the Territory."

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 2019/11/25 09:28:25
 

Deputy Prime Minister and Oil Minister Thamer Ghadhban, reached an agreement with the Kurdistan region on the federal budget for 2020.
This came after a delegation from the Iraqi government with a delegation from the Kurdistan Regional Government to discuss the draft Iraqi budget.
Minister Thamer Ghadhban told reporters after the meeting, "an agreement has been reached in principle, which I can personally describe as final, to deliver oil extracted from the Kurdistan region to the Iraqi Oil Marketing Company (SOMO), which will export via pipeline to the Turkish port of Ceyhan at a rate of 250 thousand barrels daily.
relations have improved with the change of governments in Baghdad and Erbil , the capital of the Kurdistan region.
As part of the budgets of 2018 and 2019, the Kurdistan region have agreed to send 250 thousand barrels per day to the federal authorities in exchange for the payment of Baghdad to the salaries of government employees.
Minister Thamer Ghadhban said that the process of receiving oil from Kurdistan will be from 1/1/202.
He added, that a meeting will be prepared next week in which representatives from the region to discuss the draft budget law and in order to finalize it and send it to the Council of Ministers for discussion and approval and then sent to Parliament to be legislated and become a law.

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Erbil and Baghdad Reach Agreement on Oil and Budget

 
 BasNews   25/11/2019 - 18:52  Published inKurdistan
 

ERBIL - Iraqi Oil Minister Thamir Ghadhban announced on Monday that Erbil and Baghdad had reached an agreement on the oil and budget disputes.

After a meeting with a delegation from the Kurdistan Regional Government (KRG), Ghadhban told reporters that the federal government and the KRG agreed that Erbil would start submitting 250,000 barrels of oil to Baghdad daily from January onwards.

According to the Iraqi minister, Erbil will begin to hand in oil to Baghdad on January 1, 2020.

He further said that they also discussed the efforts to prepare the budget bill for the year 2020.

The deal came after several meetings between officials from the KRG and the federal government for talks on the issues of oil and budget.

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5 minutes ago, 6ly410 said:

Erbil and Baghdad Reach Agreement on Oil and Budget

 
 BasNews   25/11/2019 - 18:52  Published inKurdistan
 

ERBIL - Iraqi Oil Minister Thamir Ghadhban announced on Monday that Erbil and Baghdad had reached an agreement on the oil and budget disputes.

After a meeting with a delegation from the Kurdistan Regional Government (KRG), Ghadhban told reporters that the federal government and the KRG agreed that Erbil would start submitting 250,000 barrels of oil to Baghdad daily from January onwards.

According to the Iraqi minister, Erbil will begin to hand in oil to Baghdad on January 1, 2020.

He further said that they also discussed the efforts to prepare the budget bill for the year 2020.

The deal came after several meetings between officials from the KRG and the federal government for talks on the issues of oil and budget.

But what about the H and the C and the L?

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KRG, Iraqi government reach initial 2020 oil-for-budget deal

16 minutes ago
479447Image1.jpg?mode=crop&quality=70&ra
A Kurdistan Regional Government (KRG) delegation meets with an Iraqi federal government economy committee in Baghdad on November 25, 2019. Photo: Rudaw 

ERBIL, Kurdistan Region — The Kurdistan Regional Government (KRG) has fully committed to handing over a daily average of 250,000 barrels of oil in return for its share of the federal budget, after reaching an initial deal with the Iraqi federal government for the year 2020. 

A KRG delegation traveled to Baghdad on Monday – its second visit in three days – to reach a deal with central government over Erbil’s share of the budget and its independent oil exports. A deal to handover the 250,000 barrels of oil per day to state oil marketing company SOMO was reached following six hours of discussion. 

“There is now an initial agreement…for the [Kurdistan] Region to handover an average of 250,000 barrels per day of produced oil in the Region to the Iraqi Oil Marketing Company [SOMO], which will supervise its export through the Ceyhan port in Turkey… starting from January 1, 2020,” Iraqi Minister of Oil Thamir Ghadhban told reporters after the meeting. 

The agreement on oil forms “one of the important pillars” of the 2020 budget bill, Ghadhban explained. 

“In return, there is a budget [bill] being prepared, and the Region’s representatives will be part of it alongside their colleagues in the federal government,” he said.

Delegations will meet in Baghdad to finalize the budget bill proposal next Sunday and Monday, Ghadhban added. 

The initial agreement was also confirmed by Iraq’s Minister of Planning, Nouri Dlemi.  

“Agreements were reached over many of the essential matters. Next week, there will be a meeting to finalize the agreements that were reached in this meeting,” Dlemi told reporters.

“Starting from January 1, 2020, 250,000 barrels will be handed over [by the KRG to the Iraqi government],” the planning minister reiterated. 

The agreement between the KRG and Iraqi federal government has been years in the making.

The KRG started exporting oil directly to world markets from its fields through the Ceyhan port in Turkey in 2013.

The independent oil sales infuriated the Iraqi government, led by then Prime Minister Nouri al-Maliki. Baghdad cut off the Kurdistan Region from its  17 percent federal budget share in 2014 while war against the Islamic State raged and Iraqi IDPs and Syrian refugees flocked to the Region for safety, sending the Region into a deep financial crisis.

The budget cut remained in place until the beginning of 2018, under Prime Minister Haider al-Abadi, who just gave a small percentage of the Region’s share of the budget to the Region. 
 
The KRG was able to secure a more favorable 2019 budget bill with current Iraqi Prime Minister Adil Abdul-Mahdi, widely seen as an ally of Kurds.

In return for 12.67 percent share of the federal budget, the KRG was supposed to handover 250,000 barrels of oil per day to SOMO. Failing to do so would give the federal government the right to cut an amount of the Region’s budget share corresponding to the amount of the oil not handed over.

The federal government has overlooked the KRG’s failure to deliver the oil. Erbil has claimed that contractual arrangements and debts to oil companies prevented the handover. 

Two months of anti-government protests in Iraq’s south and center have rendered Abdul-Mahdi’s tenure precarious. KRG officials have moved with increased urgency to lock in a favorable budget share agreement in case any potential successor is less hospitable to Kurdish concerns.

“We relayed our perspective concerning the 2020 budget bill to the Iraqi side… we presented some projects concerning the topic of Kurdistan Region’s oil and budget [share], its financial entitlements, and the budget of the Peshmerga forces,”  Khalid Shwani, KRG Minister of Federal Affairs told reporters after the meeting on Monday. 

Kurdistan Region will have representatives in a committee established to formulate the budget bill. This is a first for Erbil, as previous bills were prepared exclusively by federal government.

Some aspects of Monday’s agreement have yet to be set in stone, including the exact percentage of the Region’s share of the budget. The KRG is pushing for a return of the pre-2014 17 percent federal budget share. Also unclear is who will pay for operation costs of companies operating the Region’s oil fields. 

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The Minister of Finance reveals the details of the agreement with the region and the date of sending the budget to parliament

Date: 2019/11/25 19:05  310 times read
The Minister of Finance reveals the details of the agreement with the region and the date of sending the budget to parliament
Baghdad and the Kurdistan Region have reached an agreement and the delegation of the region will visit Baghdad next week to participate in the committee, which is the final draft of the draft budget law 2020.
Hussein told reporters today that "part of the talks for the agreement between the Kurdistan region and Baghdad has to do with the region's share in the draft budget for the year 2020, especially the issue of revenues and expenditures of the region."
He added that the meeting between the province and Baghdad , the first of particular importance to the question of oil province delivery, "adding that" the two sides have reached an agreement that recognizes the Kurdistan region a day of 250 thousand barrels per day to SOMO. "
Said Minister of Finance, said that" the delegation of the Kurdistan region will visit on Next Sunday again to Baghdad, where a special committee was formed to draft a draft law on the general budget, including a representative of the region and the committee will prepare on Sunday and Monday next draft final budget law 2020 and then sent to Prime Minister Adel Abdul Mahdi, who in turn will send it to the House of Representatives for ratification. .
Regarding sending the salaries of the martyrs by Baghdad, the Minister of Finance said that "fixing the salaries of martyrs and Anfal in the Kurdistan region in the budget law is part of the agreement."
 
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2019/11/25 20:21
 
 
133555.jpg.ae708562128843a9ac0e3c1067a4a0ab.jpg
 

The government finishes the draft budget 2020 next week .. And a broad parliamentary opposition to the share of the region

http://almasalah.com/ar/news/182852/الحكومة-تنهي-مشروع-موازنة-2020-الاسبوع-المقبل-واعتراض-نيابي-واسع-على-حصة-الاقليم

 

Baghdad / Obelisk: After the initial agreement between the federal government and the provincial government Monday, November 25, 2019, on the share of Kurds in the 2020 budget, the Ministry of Finance, announced the completion of the draft law, next week.

In the meantime, a deputy for the conquest of the conquest, that several blocks will be "firm towards the Kurdistan region, in terms of its share of the public budget, and oil dues in the event of breach of agreements between Baghdad and Erbil.

Finance Minister Fouad Hussein said on Monday, November 25, 2019, that next week is the date of finalizing the draft budget next year before sending it to the House of Representatives.

Hussein, a leader of the Kurdistan Democratic Party, led by Massoud Barzani, in a tweet on (Twitter), that "an expanded meeting took place today to the Economic Ministerial Council in the presence of the delegation of the Kurdistan region."

He pointed out that "the meeting discussed the details of completing the draft budget law 2020, through frank and fruitful discussions."

He expressed his hope to "complete the draft budget law next week for approval in the Council of Ministers."

For his part, said a member of the House of Representatives of the conquest of the Alliance, Qusay Abbas, Monday, November 25, 2019, that the draft federal federal budget for the country for 2020, will be firm towards the Kurdistan region in the event of breach of agreements between Baghdad and Erbil.

Abbas said, "The draft federal budget law comes from the Council of Ministers to the House of Representatives and discussions are held within the parliamentary finance committee with the committee charged with the government to prepare the budget taking into account the proposals and requests of representatives of the provinces and the region."

He added that "the government can not conclude any agreement with Kurdistan and included in the draft budget without the knowledge of parliament," pointing out that "the House of Representatives has the powers to change the financial ratios allocated to the region or to other provinces."

He explained that "in the draft budget law 2020 there will be more firm positions and objection from the various blocs on the share of Kurdistan and the issue of delivery of oil dues exported, unlike the budgets of previous years."

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Oil announces reaching an agreement with Kurdistan: 250 thousand barrels to the company SOMO .. In exchange for salaries and budget employees of the region-

BAGHDAD, Nov 25 (KUNA) - Oil Minister Thamer Ghadhban said on Monday that Baghdad and Erbil have reached an oil agreement that will be implemented early next year.

Ghadhban said in press statements that "Baghdad and the Kurdistan region agreed on the general budget and oil," noting that "the federal government will send salaries and balance of the region's employees while Kurdistan will send 250 thousand barrels of oil a day."

He added that the oil minister, "It was agreed that early next year and in return for sending financial dues to the region such as salaries and budget from the federal budget for 2020, the Kurdistan region and on January 1, 2020 will send 250 thousand barrels of oil to Baghdad and sell it through the Somo oil company ".

Ghadhban pointed out that "the agreement between the government of Baghdad and the provincial government has been fruitful, where it will start its implementation with the beginning of 2020," noting that "talks between the two sides will continue to discuss other details."

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Kurdish deputy reveals details of preliminary agreement between Baghdad and Erbil on oil commitments

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The deputy of the Kurdistan Democratic Party bloc Diyar Berwari, on Monday, Baghdad and Erbil reached a preliminary agreement on the mechanism of the benefits of the Kurdistan region budget and salaries of the region's employees in return for the implementation of the latter's oil commitments.

Barwari said in an interview with Alsumaria News, "There are many visits and exchanges made by delegations from Baghdad and Erbil in order to reach final agreements to resolve differences, such as the entitlements of the Kurdistan region in the budget and salaries of the region's employees offset by the implementation of the region's oil obligations."
 

He explained, "The visit of the delegation of the region to Baghdad has resulted in an agreement on the commitment of the government to grant the region's share of the budget in addition to the salaries of the region's employees starting next year, offset by the start of the region to deliver its oil commitments, amounting to 250 thousand barrels per day to the federal government through the company SOMO."

Barwari added, "This agreement is a positive and important achievement for the regional government on the one hand and the oil and finance ministers of the federal government to solve an important problem and would probably affect the smooth passage of the federal budget for next year," stressing that "this agreement will be followed by other meetings and continuing between the federal delegations and the region to mature Ideas and visions more clearly to reach satisfactory solutions and is in the public interest of the Iraqi and Kurdistan peoples. "
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Ghadban announces details of the oil agreement between Baghdad and the Kurdistan region

Date: 2019/11/25 19:28 • 75 times read
Ghadban announces details of the oil agreement between Baghdad and the Kurdistan region
[Baghdad-Where]
Oil Minister Thamer Ghadhban, announced on Monday, details of the oil agreement between the Kurdistan region and Baghdad, which will be implemented early next year.
Ghadhban said in press statements, today that "Baghdad and the Kurdistan region agreed on the general budget and oil."

He added, "The federal government will send salaries and budget employees of the region, while Kurdistan will send 250 thousand barrels of oil a day and put them in the accounts of SOMO."

He added, "It was agreed to start implementing the agreement early next year and in return the federal government will send financial dues to the region such as salaries and the budget for 2020."

He explained, "The agreement between the government of Baghdad and the provincial government was fruitful, and talks between the two sides will continue to discuss other details."
 
 
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3 minutes ago, 6ly410 said:

in the draft budget law 2020 there will be more firm positions and objection from the various blocs on the share of Kurdistan and the issue of delivery of oil dues exported, unlike the budgets of previous years."

 

let the games begin ..... again / still , hoping that is just shoe throwing among various blocs , thanks for the arts 410

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  • yota691 changed the title to For the first time since 2003 ... there is congruence and understanding between Baghdad and Erbil

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