The role of the constitution in shaping national economic policy and the equitable distribution of revenues and wealth in the Kurdistan Region
DOI:
https://doi.org/10.31918/twejer.2693KRS.15Keywords:
Constitution - Resources - Region - Division - Oil – GasAbstract
The process of sharing resources in Iraq between the federal government and the Kurdistan Region was conducted according to the principles stipulated in the Iraqi Constitution of 2005. This constitution ignored some important issues related to the process of sharing these resources, and addressed them briefly, as stated in the texts of Articles 111, 112, 114, and 115. From this, all disputes arose regarding the process of sharing resources between the central government, the regions, and the governorates, particularly those related to oil and gas resources and the contracts concluded by the Kurdistan Regional Government with foreign investment companies. Among these disputes related to the distribution of resources, which gave the federal government the right to manage the oil and gas extracted from existing fields in cooperation with the governments of the regions and producing governorates, as well as to distribute the revenues of these two resources to the regions and governorates in proportion to the population distribution in Iraq, and to determine a share for a specific period for the affected regions that were deprived of them. Keywords
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