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Expert (time): quotas behind corruption and the loss of money
– April 4, 2015
Baghdad
Revealed an economist for the loss of hundreds of billions of dollars for the period stretching from 2003 to 2014 as a result of financial and administrative corruption, while the Global Center for Development Studies in Britain confirmed that Iraq has lost a lot of money. The economist said contrary goldsmith (time) yesterday that the (hundreds of billions lost from after 2003 to 2014 because of financial and administrative corruption), stressing that (political quotas and sharing projects and ministries among the political blocs was the main reason for the decline in projects and development plans and programs in the country ). He said the International Center for Development Studies in Britain in a report yesterday that (more than two hundred billion dollars was the total loss of Iraq money during the past few years and that these losses, $ 165 billion allocated for the deposit of oil imports Development Fund for Iraq during the period of 2003 to 2009 as announced for the disappearance of forty billion dollars in 2010), stressing the report (mismanagement and corruption have cut sharply from the assets of the Iraqi Development Fund to reach in 2013 to seven billion dollars), explaining that the (Iraqi Central Bank reserves, he arrived in Alvin year and thirteen to more than seventy-six billion dollars but returned to decline in 2014 for up to sixty-eight billion dollars, to the surprise of economists, especially that of the Central Bank officials insist on not compromising those funds to maintain the stability of the Iraqi dinar value). The report went on (and expresses itself the financial crisis experienced by the country to go beyond the size of spending the amount of revenue because of falling oil prices, at a time when Iraq has lost about one hundred and fifty billion dollars is the sum of surplus budgets from 2006 until 2014). The report was submitted (proposals to amend the oil contracts in line with developments in the oil market and the recommendations of the investment in the gas sector, and reduce unnecessary expenditures, recalling that Iraq has spent fifty billion dollars since 2006 on the protections of officials, twice the dues of oil companies).
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– April 4, 2015
Baghdad
Revealed an economist for the loss of hundreds of billions of dollars for the period stretching from 2003 to 2014 as a result of financial and administrative corruption, while the Global Center for Development Studies in Britain confirmed that Iraq has lost a lot of money. The economist said contrary goldsmith (time) yesterday that the (hundreds of billions lost from after 2003 to 2014 because of financial and administrative corruption), stressing that (political quotas and sharing projects and ministries among the political blocs was the main reason for the decline in projects and development plans and programs in the country ). He said the International Center for Development Studies in Britain in a report yesterday that (more than two hundred billion dollars was the total loss of Iraq money during the past few years and that these losses, $ 165 billion allocated for the deposit of oil imports Development Fund for Iraq during the period of 2003 to 2009 as announced for the disappearance of forty billion dollars in 2010), stressing the report (mismanagement and corruption have cut sharply from the assets of the Iraqi Development Fund to reach in 2013 to seven billion dollars), explaining that the (Iraqi Central Bank reserves, he arrived in Alvin year and thirteen to more than seventy-six billion dollars but returned to decline in 2014 for up to sixty-eight billion dollars, to the surprise of economists, especially that of the Central Bank officials insist on not compromising those funds to maintain the stability of the Iraqi dinar value). The report went on (and expresses itself the financial crisis experienced by the country to go beyond the size of spending the amount of revenue because of falling oil prices, at a time when Iraq has lost about one hundred and fifty billion dollars is the sum of surplus budgets from 2006 until 2014). The report was submitted (proposals to amend the oil contracts in line with developments in the oil market and the recommendations of the investment in the gas sector, and reduce unnecessary expenditures, recalling that Iraq has spent fifty billion dollars since 2006 on the protections of officials, twice the dues of oil companies).
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