Home
Zebari: The government will pay the installment of the budget for the region ...
19-03-2015
Finance Minister Hoshyar Zebari said the government will pay the installment of the budget to the authorities of the Kurdistan region within days, denying the existence of fears of a collapse of the private export of oil, which has helped to improve relations between the two sides oil agreement.
Zebari said that the delay is due to the financial crisis and not to political factors, and added that the two sides remain committed to the agreement but refused to disclose the next batch size, indicating that the reasons for the lack of liquidity of the government is the mismanagement of public finances and the costs of managing the war with al Daash along with the sharp drop in oil prices, presumably that transfers be monthly by more than a billion dollars From Baghdad to Kurdistan in exchange for oil produced from the semi-autonomous region, Zebari said the agreement is still a mainstay of relations between the two parties, noting that a comprehensive agreement is of great importance to all. Both parties are committed to it and this is encouraging, Zebari said that the agreement will not hold often good progress has been made.
[You must be registered and logged in to see this link.]
19-03-2015
Finance Minister Hoshyar Zebari said the government will pay the installment of the budget to the authorities of the Kurdistan region within days, denying the existence of fears of a collapse of the private export of oil, which has helped to improve relations between the two sides oil agreement.
Zebari said that the delay is due to the financial crisis and not to political factors, and added that the two sides remain committed to the agreement but refused to disclose the next batch size, indicating that the reasons for the lack of liquidity of the government is the mismanagement of public finances and the costs of managing the war with al Daash along with the sharp drop in oil prices, presumably that transfers be monthly by more than a billion dollars From Baghdad to Kurdistan in exchange for oil produced from the semi-autonomous region, Zebari said the agreement is still a mainstay of relations between the two parties, noting that a comprehensive agreement is of great importance to all. Both parties are committed to it and this is encouraging, Zebari said that the agreement will not hold often good progress has been made.
[You must be registered and logged in to see this link.]
