After several months of relative calm, the contentious oil revenue sharing dispute between Iraq’s federal government and the Kurdistan Regional Government (KRG) has once again flared up with Prime Minister Adil Abd al-Mahdi confirming last week that Baghdad will be withholding the corresponding amount of money from budget disbursements.
“The Federal Budget Law states that the region must deliver 250,000 b/d or they will lose the corresponding amount of money from their allocation,” Mr Abd al-Mahdi says. “This is what we are doing now.” (CONTINUED - 881 WORDS)
