Baghdad cuts Kurdistan budget

oil-BashurNEWSDESK, — Iraqi government will cut the amount of budget which did not go to the Iraqi oil revenue last month due to oil export stop.

Hasem Jihad a spokesman for oil ministry announced that the oil exported last month had a breaking record since 1989 amounting to 8.8 million dollars.

He said the budget of 175 barrels a day which were not exported due to dispute between Hewler and Baghdad, is not going to be lodged; therefore they will cut the oil funds that should have been exported from Kurdistan.