Source: [The official website of Kurdistan Regional Government: URL: http://cabinet.gov.krd/a/d.aspx?s=040000&l=13&a=55182]
The Kurdistan Regional Government (KRG) released a statement on passing 2017 federal budget law in Iraqi parliament on 4 December 2016. The KRG refuses the proposal and says it will not abide by it and will not handover oil to Iraq’s State Organization for Marketing Oil (SOMO) based on the articles of the 2017 budget. “The numbers and the details of the law are purposefully drafted against the interest of the people of Kurdistan. Also, we have never been consulted about this law at any state of the discussion,” the statement reads.