furk Posted February 5, 2020 Report Share Posted February 5, 2020 https://www.middleeastmonitor.com/20200205-iraqi-kurdistan-agrees-with-baghdad-on-2020-budget-share/#.XjqMHW78yqM.email 5 3 3 Quote Link to comment Share on other sites More sharing options...
ronscarpa Posted February 5, 2020 Report Share Posted February 5, 2020 (edited) Thanks for posting this good article furk...! Iraqi Kurdistan agrees with Baghdad on 2020 budget share February 5, 2020 at 7:47 am | Published in: MiddleEastMonitor Kurdish flag [file photo] February 5, 2020 at 7:47 am The government of Iraq and the semi-autonomous region of Kurdistan have reached an agreement on Erbil’s contribution to the 2020 federal budget, state news agency INA reported on Wednesday. The deal includes a transfer of 250,000 barrels per day (bpd) from the oil-producing region to Iraq’s national budget, Kurdistan regional government (KRG) spokesman Jotiar Adil was quoted as saying. Iraq’s 2020 federal budget is currently under discussion in parliament. Last year’s budget, which included the Kurdistan region’s contribution, was forecast at 133 trillion dinars ($112 billion) based on oil exports of 3.88 million barrels per day at a price of $56 per barrel. At the moment, KRG’s exports stand at around 400,000-500,000 barrels per day. READ: Iraq parliament approves budget ending weeks of deadlock The 2019 budget also included payment of salaries for the Peshmerga, the military force for the semi-autonomous Kurdish region, a move that helped ease the tension between Baghdad and Erbil. Kurdish officials said they will wait until the Prime Minister-designate Mohammed Tawfiq Allawi forms a new government before starting to transfer oil revenues to national state company SOMO as agreed, INA said. Adil said the transfer will begin when Baghdad starts meeting its obligations and there is no fixed Kurdish share in the country’s budget. Allawi must form a new cabinet within a month and face a confidence vote in parliament. https://www.middleeastmonitor.com/20200205-iraqi-kurdistan-agrees-with-baghdad-on-2020-budget-share/#.XjqMHW78yqM.email Edited February 5, 2020 by ronscarpa 6 3 4 Quote Link to comment Share on other sites More sharing options...
Adam Montana Posted February 5, 2020 Report Share Posted February 5, 2020 I LOVE that this is happening right now, with a new PM in place. The new PM could have thrown everything GOI into a tailspin. Instead, business is happening. 6 1 8 Quote Link to comment Share on other sites More sharing options...
steveh12 Posted February 5, 2020 Report Share Posted February 5, 2020 Thanks ron Thanks Mr. M. 3 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted February 5, 2020 Report Share Posted February 5, 2020 Like hearing that all is on track. 5 Quote Link to comment Share on other sites More sharing options...
Half Crazy Runner Posted February 5, 2020 Report Share Posted February 5, 2020 Awesome news!! Hope they stay on track 👍🏻 2 Quote Link to comment Share on other sites More sharing options...
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