Parliamentary Finance: Revenues worth 4 trillion dinars from the region are not officially confirmed

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Parliamentary Finance: Revenues worth 4 trillion dinars from the region are not officially confirmed

Member of the Parliamentary Finance Committee, Mustafa Al-Karawi, confirmed nowadays, Monday, that there are sales well worth four trillion dinars from the region that aren’t officially validated and require urgent authorities auditing.

“It isn’t formally confirmed by the federal authorities,” he said, noting that “there are respectable correspondence from OPEC confirming oil smuggling operations from the vicinity amounting to approximately 286 thousand barrels in keeping with day.”

He defined that “those operations immediately have an effect on revenues, as the area’s continued violations have decreased the quantity of oil exported from OPEC to 2 hundred,000 barrels in keeping with day, which has triggered a decline in oil revenues and a deficit within the general budget.”

He pressured “the necessity for the federal government to take this data into consideration when calculating the place’s overall revenues, calling on the authorities to put in force the decisions of the Federal court and adhere to the provisions of the 2023 budget to acquire justice in dispensing resources among the Iraqi governorates in a truthful and equal manner.”