KRG Oil and Gas Coun­cil meets mem­bers of the Par­lia­ment

The Kurdish Globe - - NEWS -

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.

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