Abadi Office: Adoption of the budget in 2015 is subject to a final consensus between Baghdad and Erbil

Wednesday November 26, 2014 – 13:58

A spokesman for the office of Prime Minister Saad al-Sabri said it was not possible to pass the 2015 budget without major political blocs agree to its terms as it can not be approved until after the access to detailed and integrated agreement between the Government Center and the Kurdistan Regional Government, attributing this in a statement to Radio tow that oil imports constitute 95% of the imports of the Iraqi budget and therefore determine the amount of oil produced requires an agreement with the provincial government to complete the quantity to be issued by Iraq’s oil imports in general because of the export process will determine the amount of the budget in 2015.

He expressed hope that the newborn be visiting delegation headed by the region Nechirvan Barzani to Baghdad in the coming days as the indication to reach agreement in this regard until the completion of going forward before the end of next month and incorporated by Parliament within its terms for a vote as soon as.

With regard to the agreement signed between the Kurdistan Regional Government and the Centre on the oil pump newborn revealed “the Kurdistan region to pump 150 000 barrels of oil per day for the federal government through Turkish territory in accordance with this Agreement.

He pointed out that “the mechanism of export are transnational company to export oil Sumo that contract deals to sell oil to countries and third parties through the new line established by the provincial government after his old line to the damage and that the amounts obtained from the sale of oil deposited in a special account of the Federal Government in certain banks. ”


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