By Simon Kent. This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Around a fortnight ago, in the southern Iraqi province of Dhi Qar, the Iraqi government ceremonially handed over many of its powers to the local authorities. It's […]
Tag Archives | Provincial Powers Act
Basra joins Revenue Sharing Talks
By John Lee. According to a 2009 revision of Iraq's Provincial Powers Act (also known as Law 21) the province of Basra is supposed to be receiving an extra $5 dollars of oil revenue per barrel produced in the province. If this was the case, the province could be receiving an income equivalent to that […]