Law Change Hands Power, Oil Revenues To Iraq’s Provinces
Late last moth,Iraq’s parliament passed, with a solid majority, a set of major revisions to its 2008 Provincial Powers Law. These, among other things, boost the amount governorates receive for each barrel produced in their province from $1/B to $5/B. The law has the clear potential, if implemented, to radically change the balance of power between Baghdad and Iraq’s regions and impact on...
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