Studies Center: Savels Iraq in 2017 and the war in Anbar cost seven million dollars a day
Studies Center: Savels Iraq in 2017 and the war in Anbar cost seven million dollars a day
27/2/2014 11:09
{Baghdad: Euphrates News} warned the International Center for Development Studies British, from the bankruptcy of Iraq over the next three years because of the budget deficit, which now threatens the Iraqi oil sector clearly, pointing out that the military operations in Anbar cost Iraq seven million dollars a day, indicating that companies Oil giant has become unable to cope with the volatile environment of the Iraqi economy, which threatens withdrawal from it.
The center, located in London, the report has seen him and Euphrates News Agency {} on Thursday that “go beyond the budget deficit to amount {50} billion dollars, Iraq would be at risk of bankruptcy in 2017, and will be unable to pay the salaries of its employees.” and added that “truncated {15%} of the budget allocated to the investment of oil has contributed to the reduction in Iraqi exports of {2.62} million barrels per day to {2.28} million barrels during the past three months, what impact clearly on state revenues and plans to increase exports to more than { 3.5} million barrels during the year 2014. ” The report said that “the giant oil companies are not able to deal with the volatile environment of the Iraqi economy, threatening the withdrawal of it, in addition to the security factor highlights the worker financial and administrative corruption, bureaucracy and a lack of experience and the need for Iraq to infrastructure and training {70} thousand workers in the oil sector to reach the desired goals. ” and noted that “the company {BP} canceled contracts to dozens of foreign contractors of the South Rumaila, also threatened to Eni to withdraw from the Zubair field in Basra because of bureaucratic red tape that delayed the signing of a contracts of six months. ” and about the war waged by the Iraqi Army in Anbar, the report stressed that “the inability of Iraq’s budget has contributed to the weakening of the state’s ability to establish security, being engaged in a war in Anbar cost the Iraqi economy worth seven million dollars a day, which exhausts the shoulders of the budget and affect the state’s ability to carry their burden other in the defense of the rest of Iraq. ” However, “The real deficit in the Iraqi budget has risen today to {32} billion dollars in the absence of an agreement between Baghdad and Erbil on oil exports, and the adoption of five dollars in compensation to each province oil producer, and the adoption of laws that do not fit and Iraq’s ability to carry its burden of Finance. ” and said the “deficit is not justified, the fact that the budget has been prepared on the basis of price {90} per barrel, while the price of oil did not say about the {100} dollars, that the budget You must check a large surplus, especially that the completion rates in most Iraqi provinces did not exceed {40%} In each was zero. ” He pointed Center that “the amounts retained from previous budgets, up to the year 2012 was more than {50} billion dollars, what interests questions about the real reason to talk about the deficit, if not a new attempt aimed at the theft of public money and convert to the benefits of the personal gain of senior officials in the state. ” and continued that “financial and administrative corruption in Iraq has led to the emergence of a new class of rich and new entrepreneurs affiliated with the Iraqi government , and who came to get rich quickly, prompting the emergence of a market for luxury goods in Iraq, most notably the private jets that have priced up to {16} million dollars, while living a third of the Iraqi people under the poverty line, Madf Department of Transportation to issue regulations for the purchase of these aircraft , which indicates that the volume of applications submitted necessitated the issuance of such instructions. ” and expressed the British Council expressed surprise “enables economist and adviser to the Iraqi government from the preparation of budgets since 2014, in the absence of clear in the closing accounts that show real spending its resources, and allows control commands exchange , indicating clearly on the fears of disclosure, and deliberately hide for fear of disclosure of financial and administrative corruption large suffers from Iraq years ago. ” End
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