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Zebari: Baghdad will pay part of the budget for Kurdistan within days
03/18/2015
Khandan - Minister of Finance announced in the federal government, Hoshyar Zebari, said that the federal government will pay the installment of the budget for the Kurdistan region within days.
Zebari said in an interview with the agency (Reuters) said on Wednesday that the delay is due to the financial crisis and not to political factors, he said, adding that the two sides remain committed to the agreement. But he refused to disclose the size of the next installment.
Zebari pointed out that the reasons for the lack of liquidity of the federal government mismanagement of public finances and the costs of the war with the management of the organization "Daash" terrorist along with the sharp drop in oil prices.
Zebari said that the agreement between Baghdad and the Kurdistan region remains a key pillar of the relations between the two parties, saying, "It is a comprehensive agreement is of great importance for all. Both parties are committed to it and this is encouraging."
The finance minister said he understands the impatience of Government of the Territory, "because they did not receive their payments for some time."
He said that while the absence of trust and unrealistic expectations is still a problem, the Baghdad will be a "turning a new part of the payments to the Government of the Kurdistan region very soon .. within days."
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03/18/2015
Khandan - Minister of Finance announced in the federal government, Hoshyar Zebari, said that the federal government will pay the installment of the budget for the Kurdistan region within days.
Zebari said in an interview with the agency (Reuters) said on Wednesday that the delay is due to the financial crisis and not to political factors, he said, adding that the two sides remain committed to the agreement. But he refused to disclose the size of the next installment.
Zebari pointed out that the reasons for the lack of liquidity of the federal government mismanagement of public finances and the costs of the war with the management of the organization "Daash" terrorist along with the sharp drop in oil prices.
Zebari said that the agreement between Baghdad and the Kurdistan region remains a key pillar of the relations between the two parties, saying, "It is a comprehensive agreement is of great importance for all. Both parties are committed to it and this is encouraging."
The finance minister said he understands the impatience of Government of the Territory, "because they did not receive their payments for some time."
He said that while the absence of trust and unrealistic expectations is still a problem, the Baghdad will be a "turning a new part of the payments to the Government of the Kurdistan region very soon .. within days."
[You must be registered and logged in to see this link.]
