Basra Officials Complain of Lessened Oil Profit Shares
Lesson Brief
Al Sumaria
On December 29, Al Sumaria reported that the Basra local government's financial oversight committee criticized the Iraqi central government's oil profit sharing plan, claiming it would reduce the province's income by IQD 4 trillion (about USD 3.4 billion) in 2015. The committee said the oil-rich province stands to receive one dollar per barrel of oil sold in the coming year instead of five dollars.
Click and Match
- transfer of authority (prerogatives)
- نقل صلاحيات
- resolving problems
- حَلُّ مشكلات
- (here) cutting out, eliminating
- قَطْع
- impossible
- متعذر
- tracking, monitoring
- متابعة
- was allocated
- تم تخصيص
- contingent on, dependent on
- متوقف على
- irreparable loss
- خسارة لا تعوض
- reassurance of
- تطمين بِه
- re-appropriating, seizing, cutting
- استقطاع