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Economist: Iraq has lost more than $ 300 billion because of financial corruption
November 3, 2015 0
A number of experts and specialists in the financial and economic affairs, said Iraq has lost more than $ 300 billion because of financial corruption and protections officials during the past ten years, Marjaheen exposure of the country a big financial crisis can not be through salary payments in the event of low oil prices, as advised the government to amend the oil contracts and the activation of investment sectors and gas industry and agriculture.
He said economic researcher Muhammad al-Hassani, said that "international reports indicated that there is a big financial corruption after 2003 and so far, where confirmed that Iraq has lost more than $ 300 billion since 2006 and into 2014".
He said al-Hassani said, "Among these losses of more than $ 150 billion allocated for the deposit of oil imports, the Development Fund for Iraq, as well as about the disappearance of more than $ 50 billion due to corruption."
"The protections officials burdened the state where the budgets spent about the past more than 50 billion dollars to the protections of officials, including members of the protections of the House of Representatives and deputy ministers."
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November 3, 2015 0
A number of experts and specialists in the financial and economic affairs, said Iraq has lost more than $ 300 billion because of financial corruption and protections officials during the past ten years, Marjaheen exposure of the country a big financial crisis can not be through salary payments in the event of low oil prices, as advised the government to amend the oil contracts and the activation of investment sectors and gas industry and agriculture.
He said economic researcher Muhammad al-Hassani, said that "international reports indicated that there is a big financial corruption after 2003 and so far, where confirmed that Iraq has lost more than $ 300 billion since 2006 and into 2014".
He said al-Hassani said, "Among these losses of more than $ 150 billion allocated for the deposit of oil imports, the Development Fund for Iraq, as well as about the disappearance of more than $ 50 billion due to corruption."
"The protections officials burdened the state where the budgets spent about the past more than 50 billion dollars to the protections of officials, including members of the protections of the House of Representatives and deputy ministers."
[You must be registered and logged in to see this link.]
