Iraq’s economy loses six billion dollars a month, and the year the investment was lost for the delayed budget
Parliamentary Finance: Iraq’s economy loses six billion dollars a month, and the year the investment was lost for the delayed budget
Tuesday, 11 March / March 2014 07:00
[Baghdad – where]
A member of the parliamentary Finance Committee Hassan Auzmn that the Iraqi economy lost an estimated six billion dollars a month because of the delay in approving the budget for the current year fiscal 2014.
He Auzmn told all of Iraq [where] that “the delay in approving the budget hurt investments ancient and continuing and there will be projects, and I plan receptor and damaged the Iraqi economy, even in the coming years and an estimated six billion dollars a month and this is a great loss to the national economy.”
“The disruption of the budget for the current year until now will be reflected also on the coming years in the custom-economic, the investment will be profit for the year of investment and the loss of another year and this year have lost investment and considers this year’s dead has lost a year of the current economic life of the development.”
The member of the Finance Committee that “the budget include [70] thousand degrees and careers, and the initial appointment is for the owners of contracts with governmental institutions,” adding, “But the delay in the budget caused a recruitment freeze and stop paying salaries and transfers pending approval and spent far from the salaries are of the operating budget for the year the past. ”
It is said that due to discuss the budget and was the first reading in the parliament session Sunday amid continuing differences between the blocks around it, especially in relation to a share of the Kurdistan region. Ended 2
alliraqnews.com