Source: Reuters
Iraq's central government is considering cutting federal budget payments to the country's Kurdistan by more than $3 billion (1.9 billion pounds) to cover losses it says came from the autonomous region's oil exports, a government spokesman said on Tuesday.
Ali al-Moussawi, advisor to Prime Minister Nuri al-Maliki, said a committee found losses of more than $3 billion resulting from Kurdistan's failure to pump the amount of oil agreed in the budget, and from its recent halting of oil exports.
Read the full article Baghdad threatens Kurds with budget cut over oil row
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