Wednesday, December 27, 2006
Draft law to distribute oil revenue almost complete
Iraqi and U.S. officials have announced near agreement on a draft law that gives the central government in Iraq the authority to distribute oil revenues among Iraqi regions based on their population. A U.S. official said on condition of anonymity that the committee working on the draft law for several months was comprised of ministers and politicians from Sunni, Shiite and Kurdish blocs, and has expedited its work recently.