Kurdistan's parliament ratified the law allows the government to borrow $ 5 billion

Arbil / Agencies
04/06/2015 (00:01
Iraq's Kurdistan region's parliament passed a bill that allows the provincial government to request an international loan of up to $ 5 billion.
She scheduled the Finance Committee in the Parliament of Kurdistan Haifa Haji's (Twilight News) said that after extensive discussions on the draft law was approved by parliament.
She noted that the law includes 13 articles were discussed all the articles and paragraphs in the law was ratified as well.
According to the law, Kurdistan Regional Government can borrow $ 5 billion through the formation of a committee comprising the prime minister and his deputy and finance minister or any minister last.
and cut off Baghdad, the region's share of the federal budget last year because of disagreements on the export of Kurdish oil which left the region in a financial crisis.
complain provincial government of it has not received a full share of Baghdad, also this year, despite the agreement reached by the two sides, along with the additional financial burden resulting from the reception of more than 1.5 million displaced people and refugees https://www.almadapaper.net/ar/news/4...84%D8%AD%D9%83