Finance Minister: 2014 budget caused by the entry into force of liquidity from the state treasury
Finance Minister Hoshyar Zebari, said the absence of a law of the budget during the last financial year was the cause of the financial liquidity into force of the state treasury. Zebari said that "the absence of a law of the financial budget in the past year, was the cause of the financial liquidity into force of the state treasury," noting that "the government budget was acted without any governing law for disbursements." "The establishment of the Kurdistan region to export any quantity of oil without reference to Baghdad, will lead to a loss of confidence between the parties and poses a threat to the oil recent agreement between Erbil and Baghdad," calling on the province to "deal with transparency regarding the export of oil."
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Finance Minister Hoshyar Zebari, said the absence of a law of the budget during the last financial year was the cause of the financial liquidity into force of the state treasury. Zebari said that "the absence of a law of the financial budget in the past year, was the cause of the financial liquidity into force of the state treasury," noting that "the government budget was acted without any governing law for disbursements." "The establishment of the Kurdistan region to export any quantity of oil without reference to Baghdad, will lead to a loss of confidence between the parties and poses a threat to the oil recent agreement between Erbil and Baghdad," calling on the province to "deal with transparency regarding the export of oil."
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