Claims in Kurdistan issuing Banknotes their own to overcome the financial crisis

Claims in Kurdistan issuing Banknotes their own to overcome the financial crisis

25/01/2016

Claims in Kurdistan issuing Banknotes their own to overcome the financial crisisCalled on the Secretary General of the development movement and political reform Mohammed Baziyani, Monday, the Government of the territory Krdstanaly Banknotes private province issuance to overcome the financial crisis, noting that the issuance of the Kurdish currencies would be a step in the direction of financial independence.

He said Baziyani in an interview, said that “the Kurdistan Regional Government currencies version a paper of their own to overcome the financial crisis, “noting that” it is through the issuance of paper currency will ensure the region pay the salaries of its staff without any problems. ”
Baziyani “The stock Kurdish issue will be the internal financial transactions”, noting that “the regime of Saddam Hussein issued Banknotes when imposing an economic blockade against Iraq and was able to pay its staff salaries without any problems.”

I consider Baziyani that “securities issued by the Government of the Territory would be a step in the direction of financial independence and the establishment of a Kurdish state “, adding that” it will become a reality in the future in the event of taking this step.

“suffer the Kurdistan region from a severe financial crisis since the Kurdistan Regional Government has been unable to pay arrears of salaries to its employees since last September, and the region attribute the financial crisis to officials decline in oil prices and the outstanding problems between Baghdad and Erbil on oil You and the budget and the war against “Daash” and sheltering more than a million and a half displaced persons and refugees

iraaqi.com