Finally, Baghdad and Erbil Are Playing Nice Updated 8/2/23
https://www.iraqidinarusd.com/2023/07/finally-baghdad-and-erbil-are-playing.html?m=0
After months of fraught negotiations, the Iraqi federal government and Kurdistan Regional Government (KRG) finally agreed on how to implement the federal budget law. Omed Sabah, president of the Diwan of the KRG Council of Ministers, declared in a statement Thursday that a memorandum of understanding had been signed, granting Erbil its much-needed financial entitlements in exchange for oil to be handed over to Baghdad. This is a significant step forward in mending fractured relations between these two warring parties in pursuit of shared prosperity.
On Tuesday, August 1, Iraqi Prime Minister Mohammed Shia al-Sudani declared on Tuesday that the central government had begun receiving a daily oil revenue of 55,000 barrels from the Kurdish Regional Government and would also receive its non-oil revenues to Baghdad. After a heated Cabinet meeting, Sudani sternly informed journalists at a press conference that the region's oil exports had suddenly ceased due to a stoppage in exports through the Ceyhan Pipeline.
Boldly announcing that Baghdad and Erbil have committed to deliver both oil and non-oil revenue solely to the central government, Sudani clarified this agreement for all present. He additionally revealed that Iraq imports natural gas from Iran in exchange for crude oil.
