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Union investors: the bankruptcy of 350 companies in Sulaymaniyah because of the economic crisis in Kurdistan
4/9/2015
Investors and Contractors Union in Sulaimaniyah announced the bankruptcy of 350 companies due to the economic crisis afflicting the province of Kurdistan.
Said Naji Sheikh Ezzedine head of Sulaimaniyah branch of the Union of investors in a press statement I followed "agency Nina" The rate of investment in Sulaymaniyah saw a big drop and that the 350 companies in the areas of trade and investment may go bankrupt due to the financial and economic crises plaguing the province of Kurdistan, noting that the financial crisis brought to a halt work in 75% of the workforce in Sulaymaniyah companies, the remaining projects are incomplete.
The Sheikh Ezzedine to stop the work of companies and contractors led to the unemployment of a large number of workers to maintain , explaining that the economic situation is heading towards complexity more and more and that any country signed in war or crisis, re-drafting of laws to suit the conditions experienced by, and that did not happen in the province since the tax is still weigh heavily on contractors despite the lack of government funding for their projects and the red tape and bureaucracy still in circles hinder the work of contractors / he said /
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4/9/2015
Investors and Contractors Union in Sulaimaniyah announced the bankruptcy of 350 companies due to the economic crisis afflicting the province of Kurdistan.
Said Naji Sheikh Ezzedine head of Sulaimaniyah branch of the Union of investors in a press statement I followed "agency Nina" The rate of investment in Sulaymaniyah saw a big drop and that the 350 companies in the areas of trade and investment may go bankrupt due to the financial and economic crises plaguing the province of Kurdistan, noting that the financial crisis brought to a halt work in 75% of the workforce in Sulaymaniyah companies, the remaining projects are incomplete.
The Sheikh Ezzedine to stop the work of companies and contractors led to the unemployment of a large number of workers to maintain , explaining that the economic situation is heading towards complexity more and more and that any country signed in war or crisis, re-drafting of laws to suit the conditions experienced by, and that did not happen in the province since the tax is still weigh heavily on contractors despite the lack of government funding for their projects and the red tape and bureaucracy still in circles hinder the work of contractors / he said /
[You must be registered and logged in to see this link.]
