British newspaper: Iraq is facing an imminent economic crisis

British newspaper: Iraq is facing an imminent economic crisis

13.04.2016 9:32

British newspaper - Iraq is facing an imminent economic crisis[Oan- Baghdad]
British newspaper said that “Iraq faces an impending economic crisis.”
And published in the Financial Times a lengthy investigation into the great devastation left by regulation [Daash in cities lost control.
He noted the investigation that the Iraqi government, which is facing a major economic crisis, can not afford the reconstruction of these cities.
According to the newspaper, the US – led coalition the Iraqi government has spent tens of billions to defeat al [Daash], and they have made ​​gains in this endeavor, as 40 percent of the areas that were under the control of the organization has returned to the control of the Iraqi government.
the US defense Department said it has spent 6.5 billion dollars since 2014 military efforts against the organization in Iraq, was quoted by the Financial Times.
She drew the Financial Times that, in turn, the ministry did not spend only $ 15 million to support the “stabilization” efforts, which poses the risk that the Western countries have been winning the war, but it ignores the consequences.
the paper warned that Iraq faces an impending economic crisis, as it has a nearly 3.3 million displaced people [according to United Nations estimates.
and warned that renewed sectarian violence could boost a state of anger that helped organize [Daash] to control the-majority areas Sunni.
she said that these problems have turned military victories to losses process.

alliraqnews.com