Iraqi PM announces resumption of oil exports from Kurdistan Region starting this week

SULAIMANI, Kurdistan Region — Iraqi Prime Minister Mohammed Shia’ al-Sudani announced on Wednesday that oil exports from the Kurdistan Region will resume in the coming days.

The Prime Minister made the announcement during a discussion with a group of journalists from Iraqi TV stations. He said that based on the government’s recent agreement with the Kurdistan Regional Government (KRG), oil exports will resume this week.

The Iraqi government and the KRG earlier this month reached an agreement to resume oil exports from the Kurdistan Region.

Once the agreement is finalized, the Iraqi government will resume exporting oil from the KRG through the State Oil Marketing Organization (SOMO), according to an announcement from the Prime Minister’s media office. The oil will be exported through the Turkish port of Ceyhan.

The resumption of oil exports from the Kurdistan Region is expected to have a positive impact on the Iraqi economy, including the Region. The oil exports are expected to generate billions of dollars in revenue for the government, which will help to fund essential services and development projects. It is also expected to help to stabilize the Iraqi economy and create jobs.

The Prime Minister also discussed his government’s priorities and plans for the future.

One of the government’s top priorities, according to the Prime Minister, is to improve the provision of basic services to citizens. This includes improving infrastructure, healthcare, and electricity. The Prime Minister noted that the government has already made progress in these areas, and that it is committed to continuing to work to improve the quality of life for all Iraqis.

Another key priority for the government is to reduce the budget deficit and inflation. The Prime Minister acknowledged that these are complex challenges, but he expressed confidence that the government has the necessary plans and policies in place to address them. He also noted that the government is working closely with international financial institutions to secure the necessary support.

The Prime Minister also discussed the government’s efforts to revitalize the private sector and create jobs. He noted that the government is committed to creating a more favorable investment climate, and that it is working to reduce the reliance of Iraqis on government jobs.

The Prime Minister also discussed the issue of the dollar exchange rate. He noted that the previous administration had failed to implement an agreement with the US Federal Reserve that would have helped to stabilize the exchange rate. The Prime Minister said that his government has taken steps to address this issue, and that he is confident that the exchange rate will stabilize in the near future.

The Prime Minister’s announcement is a positive development for the Iraqi economy. It is a sign that the government is committed to working with the KRG to improve the economy and the lives of all Iraqis.


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