The Kurdistan National Bloc reveals the region's share in the budget

politics/Local

9-04-2021, 18:49

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Baghdad-INA

The Patriotic Union of Kurdistan parliamentary bloc revealed, today, Friday, the region’s share in the 2021 budget.
A member of the representative bloc, Rizan Sheikh Delir, told the Iraqi News Agency (INA): “The Kurdistan region’s share in the federal budget law for the fiscal year 2021, amounted to about 13.5%, "stressing that" this time, the region must adhere to all the articles of the agreed budget law, not as it was in the past when the region disavowed the agreement, and only the region’s oil share was cut by the federal government.
The member indicated that "now the region must send half of the revenues with the value of 250 thousand barrels per day of crude oil, to send its share, noting that" if the region does not comply, Baghdad will not send the receivables, and not only this, but even will prevent the region from exporting oil. "
Earlier, the State of Law Coalition announced that it would submit an appeal to the Federal Court regarding the provisions of the 2021 budget.