KRG Oil and Gas Council meets members of the Parliament
A meeting between Kurdistan Regional Government’s Oil and Gas Council and a delegation from the Kurdistan Parliament was held on Sunday, March 1, 2015, to discuss the financial crisis in the Kurdistan Region and the pending issues between Erbil and the Federal Government of Iraq.
Kurdistan Parliament’s delegation included the Speaker, his two deputies, the heads of the political parties’ parliamentary groups, head of the energy and natural resources committee and head of the economic, financial and investment parliamentary committee. The Kurdistan Regional Government’s Oil and Gas Council included KRG Prime Minister, Deputy Prime Minister, Minister of Natural Resources, Minister of Finance and Economy and Minister of Planning.
They discussed the latest developments in Kurdistan and Iraq and focusing particularly on the budget, natural resources and ways to implement genuine reforms aimed at easing the financial crisis which the Kurdistan Region is going through.
They stressed the importance of adopting a unified Kurdish policy and stance towards Baghdad. It was agreed that the continuation of dialogue between Erbil and Baghdad was necessary and work to ensure that the Kurdistan Region receives its share from Iraq’s federal budget which was approved earlier this year by the Iraqi Parliament.
The two sides agreed on the need for increased cooperation between the Parliament of Kurdistan and the Kurdistan Regional Government particularly in adopting plans that would help easing the financial crisis. The need to undertake reforms in a number of sectors, coupled with increased transparency across all government institutions and ministries were also discussed in the meeting.
The members of the Kurd- istan Parliament delegation reiterated their support to the Kurdistan Regional Government in its efforts to establish a road map for settling the current crisis that the Kurdistan Region passes through. It was finally agreed that the Kurdistan Regional Government’s Ministry of Natural Resource will publish all the information related to its activities on a weekly basis on its official website, particularly those related to the amounts of oil that is produced and exported.