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The financial crisis threatens the existence of the Kurdistan regio

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Rocky


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The financial crisis threatens the existence of the Kurdistan region




Wednesday, 11/11/2015 0:09


/ Follow-up / Baghdad news
exposed Iraq's major economic crisis because of the volatility in oil prices, the global, as well as the security of the conflict, which is currently suffering from it against the terrorist organization Daash and is caused by the exchange a large expense at a time of decreasing the country's resources, creating a situation uncomfortable for the Kurdistan region, which suffers mainly from political problems with the central government because of the financial and oil policy, in addition to internal problems between the Kurdistan ruling Democratic Party and the MDC Kurdish opposition. It is noteworthy in a report published site News Middle East specialist news of the Middle East and I followed "Baghdad News", that "the region is facing difficulties currently threatening its existence because of the weakness in imports and lack of financial capacity, where the Kurdish people exposed it to a large living suffering, caused by a lack of access to official salaries of the Kurdish government there for months, creating a humanitarian situation difficult. "The report adds, citing local residents, the "Many of the employees have been forced to work jobs other for a living, after failing the government to pay their salaries for months successive, where things between the institution and the other varies, as the Kurdish government is moving to the brink of official bankruptcy." The report points out that "at the present time Central government is looking for solutions to the economic difficulties faced by, where she is studying several options from the issuance of bonds to global borrowing expected to get it with the beginning of next year from the International Monetary and on his own terms Fund, while the Kurdish government has not so far any real action to resolve the financial her problem, where suffering many dilemmas because of internal political problems afflicting. "The report stresses that" the problems of displacement and the expenses of the war represent a burden of extra government in Baghdad and Erbil both, "adding that" the region's population will witness the months of anxiety and poverty unknown end, and that may threaten the existence of the region itself. "

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