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Baghdad/Iraq news networks, warned a report issued by the International Center for development studies, based in London, from the bankruptcy of Iraq in three years because of a budget deficit which threatens Iraq's oil sector, as pointed out that military operations in Anbar, a daily cost of $ 7 million. alt according to the report, the deficit exceeded $ 50 billion, Iraq would be at risk of bankruptcy in the year 2017. Iraq will be unable to pay the salaries of his employees. It seems that the indicators of bankruptcy is looming on the horizon, especially the Iraqi Government paid the salaries of its employees, including the salaries of staff of Kurdistan, on monthly basis, allocating $ 4.5 billion for the month of February, and sent salaries next March because the amount available is not sufficient to only one third of the staff in Iraq. the deduction of 15% of the budget allocated for oil investments have contributed to the reduction in Iraqi exports of 2.62 million barrelsToday to 2.28 million barrels per day during the past three months, the impact on State revenue and plans to increase exports to more than 3.5 million barrels by 2014. it adds that the giant oil companies are unable to handle the turbulent environment of the Iraqi economy, threatens to pull out of it. In addition to the security factor highlights a financial and administrative corruption, bureaucracy and lack of experience and the need for Iraq's infrastructure and train 70,000 workers in the oil sector to reach required goals. the report refers to the abolition of company "British Petroleum" contracts to dozens of foreign operators from North Rumaila, Eni from the Zubair field in Basra because of the red tape that has delayed signing a Contracts six months. the cost of war Baghdad 7 million dollars a day. it appears that the inability to balance Iraq has contributed to weakening the ability of the State to establish security, being at war in Anbar charged Iraqi economy worth $ 7 million a day, which puts the budget and affect the ability of the State to bear the burden in defending other areas. the report of the Global Center for development studies to a real deficit Iraq's budget has risen to $ 32 billion in the absence of agreement between Baghdad and Erbil on oil export, the adoption of five dollars for each oil-producing province, adoption of laws did not match the capacity of Iraq to afford the financial deficit is unjustified, the World Centre for development studies, the deficit, the fact that the budget had been prepared on the basis of the price of 90 dollars a barrel, while the price of oil was less than 100 countriesR, that the budget should be in surplus, in particular the completion rates in most provinces did not exceed 40%, and some were zero. in addition, the amounts of recycled from previous budgets until the year 2012 was more than $ 50 billion, raising questions about the true cause of the deficit, if not try new theft of public money and convert it for personal gain and for the benefit of senior State officials. alaghanJ., and the report of the Global Center for development studies to financial and administrative corruption in Iraq has led to the emergence of a new class of rich and new business affiliates of the Iraqi Government, who came to get rich quickly, prompting the emergence of a market for luxury goods in Iraq, most notably private aircraft which may up their prices to $ 16 million, while one-third of the people live below the poverty line. and this mayThe transport trade controls to buy those planes, which means that the volume of requests necessary to issue such instructions and expressed surprise at the report, economists and advisers to Iraqi Government budgeting since 2004, in the absence of final accounts that show real spending of resources, and provide control commands Exchange, indicating clearly the fear of disclosure, and deliberately hidden for fear of revealing a significant financial and administrative corruption of Iraq for years.
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