Wednesday, March 28, 2012Baghdad agrees to pay 650 billion dinars from the dues of oil companies operating in Kurdistan
Approved by the Iraqi government, on Wednesday, to pay 650 billion dinars as receivables for oil companies operating in the Kurdistan region, while the Ministry of Finance announced the allocation of more than two billion dollars within the budget year 2012, for the payment of all oil companies operating in Iraq.
The Iraqi Finance Minister Rafie al-Issawi in a press conference on the sidelines of Baghdad that the Iraqi government has allocated 650 billion dinars within the budget year 2012, for the payment of oil companies operating in the Kurdistan region, stressing that the disbursement will be after the audit.
For his part, Undersecretary of the Ministry of Finance Fadel prophet during the conference that Iraq allocated about two billion and $ 53 million as payment for oil companies operating in Iraq, pointing out that the $ 560 million of these customizations will pay for the oil companies operating in the Kurdistan region.
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