KRG “Agrees 2020 Budget Share with Baghdad”

By John Lee.

Erbil and Baghdad have reportedly reached an agreement on Erbil’s contribution to the 2020 federal budget.

According to Reuters, the state news agency INA says the deal includes a transfer of 250,000 barrels per day (bpd) from the oil-producing region to Iraq’s national budget.

Iraq’s 2020 federal budget is currently under discussion in parliament.

(Source: Reuters)

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