Erbil receive the first batch of the amount of one billion dollars of Baghdad Monday

Editor Ammar Kazim - Saturday November 22, 2014 15:18



Alsumaria News / Baghdad
The head of the province of Kurdistan , Massoud Barzani, to Baghdad to Arbil will send $ 500 million as part of the agreement that was reached between the two sides last week.

Barzani said, "We have agreed with Baghdad that it will send one billion dollars in the form of two batches as we will give in return to Baghdad 150 000 barrels of oil," he said, adding that "the agreed amount of oil will be exported from the Kirkuk Kurdistan via pipeline to Turkey . "

The transfer site for Ruao MP Najiba Najib member of the Finance Committee in the Parliament as saying that "the money will arrive in Erbil on Monday across the Iraqi Central Bank."

The Ministry of Finance announced on November 19, 2014, for $ 500 million transferred to the Kurdistan region, noting that this step comes after the implementation of the provincial government to hand over the item on 150 000 barrels.


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