October 21, 2015
Baghdad/Iraq News Network-the Government has hinted to quest file transfer agreement with KRG oil which gives positive territory its share of budget to 2016 by 17%, to the House of representatives. the spokesperson of the Office of Prime Minister Saad Al-Hadithi: "share the territory subject to the nature of oil export, on balance the 2015 select oil agreement to issue the quantity of 550 BPD territory against the Federal Government's commitment to give 17% amount after subtracting expenses sovereign. "However" but reality didn't export ceiling Territory observes that leaving the Government unable to meet the territory's budget and did not send a full share, but send commensurate with the volume of oil exports each month from Kurdistan. "Al-Hadithi stressed" the need to find stable work plan on the implementation of this agreement and this will be present in Parliament which discusses where AncoType balancing act 2016 and must reach a final agreement through the House because it is linked to the stability of Iraq and the reconciliation between political forces and unite efforts to fight against terrorism. "he stressed that" this is not only after determining the mechanism of dealing with this topic and abide by it or not and if so, will raise the quota on the territory or not. This is under discussion and could not take action now, "the Council of Ministers approved at the extraordinary meeting on Sunday, the federal budget bill for the fiscal year 2016, $ 106 trillion dinars, with an estimated deficit of 22.7 trillion dinars, or 21% of the total budget, which built its oil exports estimates by averaging 3.6 million barrels daily, with an average daily rate of $ 45 a barrel and Minister of culture and tourism inRiadaa rwandzi allocate 12 trillion 600 billion as share of Kurdistan the budget ", referring to" install share territory amounting to 17 percent in the new budget, compared to issue daily 550 barrels of Kirkuk oil province and through Sumo as the oil agreement, at the same time the territorial Government delegation to alkedjom quickly to Baghdad with the aim of signing a new agreement "in the parliamentary Economic Committee Member said, Solomon, sobhan Wednesday that budget bill headed to House arrived by Government to put on the agenda and adopted. "
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