Arab Today, arab today iraq makes 412m payment to kurdistan region
Last Updated : GMT 09:58:01
Arab Today, arab today
Arab Today, arab today

Finance minister Hoshyar Zebari:

Iraq makes $412m payment to Kurdistan region

Arab Today, arab today

Arab Today, arab today Iraq makes $412m payment to Kurdistan region

Member of Kurdish Peshmerga forces monitors surrounding area
Baghdad - Arab Today

Baghdad is sending a payment of $412 million to Iraq's autonomous Kurdish region, a sign that a budget deal between the two sides is still on track, the finance minister said Thursday.
"A decision has been taken by the government and the finance ministry to send a payment worth... 490 billion Iraqi dinars ($412 million/389 million euros) to the KRG (Kurdistan Regional Government) to cover actual expenses for February," Hoshyar Zebari told AFP.
The payment includes funding for the Kurdish peshmerga security forces, who are battling the Islamic State group that overran large areas north and west of Baghdad last year, Zebari said.
Another payment will follow at the end of March.
Baghdad and Kurdistan had reached a deal under which the three-province region would export 250,000 barrels of oil per day and 300,000 bpd from disputed Kirkuk province, while the federal government would release the region's share of national revenue.
Kurdistan has exported less oil than expected by the budget this year but has worked to ramp that up, while Baghdad has not yet paid the full amount to the region, Zebari said.
"Both sides literally showed a commitment to the deal, although neither side fulfilled its full commitment," he said.
But "it's an indication that both Baghdad and the KRG are committed to the oil and budget deal that was reached before the end of 2014."
Baghdad and Kurdistan have long been at odds over revenue sharing and natural resources, differences that kept a federal budget from being passed last year.
Following the agreement between the two sides, parliament approved the 2015 budget at the end of January.
Source: AFP

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today iraq makes 412m payment to kurdistan region Arab Today, arab today iraq makes 412m payment to kurdistan region

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today iraq makes 412m payment to kurdistan region Arab Today, arab today iraq makes 412m payment to kurdistan region

 



Arab Today, arab today Etiquette expert calls for short visits

GMT 16:21 2017 Monday ,26 June

Etiquette expert calls for short visits
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday