House of Representatives raises the budget discussion session to Saturday

Thursday, 30 December / 2 January 2014 12:11



Twilight News / House of Representatives to raise its regular Thursday, which was scheduled on the agenda to discuss its financial budget of the country in 2014 to next Saturday.

alt And raising the head of the Council Osama Algeevi session after the disruption of the quorum required for the number of members present as a result of the Kurdish province of Representatives for the hearing and who are opposed to the draft budget as approved by the Council of Ministers.

The Kurds object to a clause within the draft budget included obliging Kurdistan to export 400 thousand barrels of oil per day from fields in the region through the Iraqi export company "Sumo" Otherwise, Baghdad would deduct the money from the share of Kurdistan in the budget, amounting to 17 percent.

The MP said the coalition of state law, Ihsan al-Awadi's "Twilight News" that the Kurdish deputies boycotted the session today as a result of the inclusion of the discussion of the draft budget on the agenda.

He added that the quorum required for the number of members present disturbed, prompting the head of the Council to adjourn the meeting to next Saturday.

The Kurds seek to export oil from the fields directly to Turkey via a new pipeline completed late last year, but Baghdad refuses to this endeavor and says it only right owner in the management of oil wealth.

The parties are negotiating for months to reach an agreement.

The federal budget for the year 2014 about 174 trillion dinars, which is larger in the country's history.

Kurdistan and stopped pumping oil to the Iraqi government line in late 2012 because of disagreements over payments to foreign companies operating in the region.

The demands of the Kurdistan about four billion dollars accrued to oil companies that develop fields in the region, but Baghdad refuses to pay.

The House of Representatives of the Kurds in the Iraqi Council of Representatives has boycotted the voting session on the budget in 2013 in protest against the non-inclusion of dues oil companies under the terms of the budget.


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