Middle East Economic Survey

VOL. L

No 27

2-July-2007

IRAQ

KRG Publishes Draft Revenue Sharing Law After Agreement With Baghdad Government

The Kurdistan Regional Government (KRG) on 21 June published the Arabic and English versions of the draft revenue sharing law, which was agreed between the KRG and the government in Baghdad. According to the agreed text of the draft law, a single fund will be established to receive all Iraqs oil revenue as well as all other federally collected revenues. The net...