Kurdistan announces delivery of Baghdad 250 thousand barrels of crude oil “per month”

Thursday 5 December 2019 10:34 am

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Baghdad / … The Minister of Finance of the Kurdistan Regional Government announced today, Thursday, that the federal government in Baghdad delivered 250,000 barrels of crude oil “per month”.

This came in a joint press conference held today by the Minister of Finance of Kurdistan, Sheikh Janab, with the Secretary of the Regional Council of Ministers, Amanj Rahim, and the head of the Cabinet Office of the Region’s Council, Omid Sabah, and reported by the Kurdish media.

Sheikh Janab said, “We decided to hand over 250,000 barrels of oil per day to Baghdad every day,” noting that “we agreed on a formula for paying loans,” adding that “most of the Kurds’ demands have been proven.”

He pointed out that “we have reached an agreement with Baghdad on the budget and oil,” noting that “reducing the share of the Kurdistan region in the financial budget was unfortunately a political decision.”

The minister explained that “our negotiations this time with Baghdad were successful,” stressing that “if Baghdad abides by the agreement, there will not be any problems regarding the payment of employee salaries.”

And that “the ball is now in the court of the Iraqi parliament regarding the budget,” stressing that the Kurdistan region will adhere to the agreement that we reached with Baghdad.

The State of Law coalition announced yesterday, Wednesday, its refusal to implement any agreement the current government will make with the Kurdistan Region, as it is a “caretaker” government.

The Kurdistan Regional Government, after a meeting held last Tuesday, expressed its hope to implement what was agreed with the Federal Ministry of Finance in Baghdad.

According to a statement, 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 constitutional rights and financial benefits for the Kurdistan region. Finished


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