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The head of the Kurdistan Regional Government Masroor Barzani, on Tuesday, a meeting of the delegation of talks with the federal government.
A statement issued by the government that the delegation of the Kurdistan Regional Government presented during the meeting, details of the initial agreement during his talks with the Federal Ministry of Finance in Baghdad on the draft financial budget for 2020.
The discussions of the region were conducted under the direct guidance and supervision of the Prime Minister and resulted in the participation of the Kurdistan Region for the first time in the first stages of preparing the draft law draft budget 2020.
The meeting expressed the hope to implement what was agreed between the two sides, and urged the Kurdish blocs in the House of Representatives and other blocs to support the preparation of subsequent stages during the discussion of the draft budget, including securing the rights and financial constitutional entitlements to the Kurdistan region.
The Kurdistan Regional Government, the Iraqi Council of Ministers approved the draft federal budget law for 2020, before the resignation of Prime Minister Adel Abdul Mahdi from office.
The spokesman for the provincial government, Gutiar Adel, told Shafaq News, “ The provincial government expressed its willingness to meet its oil obligations in return for the federal government’s commitment to pay the financial dues to the region in accordance with an agreement contained in the draft budget law 2020, which was approved by the Iraqi Council of Ministers before resignation. ”
He said details of the agreement would be announced on Wednesday.
A delegation from the Kurdistan Regional Government held several meetings in Baghdad after which they reached an agreement on the federal budget 2020.
Under the agreement, details of which were announced by Iraqi Oil Minister Thamer Ghadhban, that the oil extracted from the Kurdistan region to the Iraqi Oil Marketing Company (SOMO), which will export through a pipeline to the Turkish port of Ceyhan at a rate of 250 thousand barrels per day.
Under the agreement, the region sends oil at the beginning of the new year, and in return install the financial dues of the region from salaries and budget in the budget law of 2020.