Mura’bi warns of an economic crisis because of the budget

Mura’bi warns of an economic crisis because of the budget

Sunday, 27 April / April 2014 07:29

Murabi warns of an economic crisis because of the budget[Baghdad – where]

Member of the Commission warned the economic and investment Mura’bi Hussein, the repercussions of not adopting the draft general budget of the country, describing the situation of Iraq’s economic crisis, which will continue to influence the scope of several years.

He Mura’bi, told all of Iraq [where], “The current economic situation has a major reason, a lack of a vote on the draft general budget of the country, which can cause an economic crisis in Iraq for years to come, at the level of the State Treasury, and at the level of the stock market, as well as the stop of investment projects in the country. ”

He pointed to “pre-empt some of the most important economic projects, which have had a significant role in the management of the economy at the helm of the event if Tbaiqt in Iraq, including the Supreme Council of economic policies.”

Some of the political blocs have indicated that a coalition of state law, is trying to postpone the passage of the general budget of the country until after the elections, from which to negotiate with the Kurds, to form the next government after the results of the legislative elections.

The quartet headed by First Deputy Speaker of Parliament Qusay al-Suhail, has visited Erbil in the past few days, but without reaching an agreement in solving problems related to the budget of the region and resolve the dispute with the government around the center.

Sources in Arbil, about a proposal by the Kurdistan Regional Government to the delegation of the Quartet, to form the federal government in Baghdad, a technical committee, of neutral experts assume the verification process of the potential of each province or territory oil producer, about the amount that could be exported, and not produced only Because production is export, and that this proposal will be binding on the Kurdistan if the Committee approved, as required every oil-producing provinces in Iraq, in order to get rid of all of the assumptions and preconditions, on the amount of what comes out of the oil, did not respond Baghdad after this proposal . Ended 2