Kurdistan’s financial / Iraq Press /: Turkey reneged on its promise Baaqradhana $ 500 million

Kurdistan’s financial / Iraq Press /: Turkey reneged on its promise Baaqradhana $ 500 million

Erbil – Iraq Press – April 6 2015

Kurdistans financial - Iraq Press - Turkey reneged on its promise Baaqradhana 500 millionThe Ministry of Finance revealed in the Kurdistan region, on Monday, Turkey declined to grant a loan to the region of $ 500 million.

The media ministry spokesman, Ahmed Abdel Rahman, L / Iraq Press / “Turkey justified its retreat from the granting of the loan, which promised previously transferred Baghdad dues province and that did not happen because the Baghdad government has a crisis of liquidity and therefore the Ministry of Finance in Kurdistan region is not yet a budget for the year 2015 are sent to the Council of Ministers adopted, transmitted to the region on the back of non-arrival of the money, “he described.

Abdul Rahman pointed out that “the region lacks the financial liquidity and that the ministry will send the draft budget if the regularity of sending the federal government the region’s share of the budget,” following up “The Federal Ministry of Finance in Baghdad assured them it would send to the region in less than three days the amount of 527 billion dinars As part of the Peshmerga budget only, “adding that” this money is the indebtedness of the Iraqi government to the Peshmerga forces for the years 2007 – 2015 and the total budget of 15 trillion Iraqi dinars. ” Admiral ended

iraqpressagency.com