Kurdish leader: the solution in Baghdad
Sulaimaniyah - the morning
caused severe oil dispute between the federal government and the KRG severe economic crisis in the region who refuses to abide by previous agreements that provided for the establishment of SOMO marketing of the oil produced in its territory in exchange for the quota in the budget, amounting to 17 percent.
The breach or non-compliance with the agreements oil caused Aguetsaah crisis suffocating and reached its peak in recent months to declare Government of the Territory of their inability to pay the salaries of employees in ministries and government institutions for four consecutive months which led to public outcry expressed by mass demonstrations angry in many Kurdish areas with the worsening political crisis.
attribute political reasons crisis to what they called the b »individual policy» pursued by the Kurdistan Democratic Party led by regional president Massoud Barzani in dealing with the oil file, and accuse the government, which is dominated by a lack of transparency in the oil policy and »resist» Federal Government without justification, critics retreat from previous agreements Under the export of 550 thousand barrels of oil per day by SOMO versus percent share 17 of the state budget.
In a statement made by »Sabah» leader of the Patriotic Union of Kurdistan unique Ossrd stressed that «oil export independently has failed and it is important that the Government of the Territory stop for this policy because the exit from the crisis with half the loss better than total bankruptcy », indicating« We have tried a lot to persuade the provincial government and the leaders of the Democratic Party of the importance of transparency in the oil policy, but they did not listen to us and insisted on their policy wrong domain oil causing sever our share of the state budget and have found that the independent economic policy advocated by caused many disasters, most notably the development decline and delay the local economy for decades backwards ».
and about remedy the deteriorating economic situation, the Kurdish leader believes that a return to the federal government and the agreement with them is the safest way, because in light of the continuing deterioration the «all roads lead to Baghdad», and despite the fact that understanding may seem difficult after all that happened, but I think that half the loss better than total bankruptcy, and it must Territory Government is seeking to resume negotiations with Baghdad in order to hold a new agreement adhered to by both parties and come out the region of its economic crisis suffocating, or at least mitigate, especially that things are no longer the most of probability.
In a related development, President of the Chamber of Commerce and Industry in the Sulaymaniyah Sirwan Mohammed revealed that the investment projects dropped this year by 90 percent, especially in the field of construction and housing .
said Mohammed, to move the local site «Awene» permit, that «as a result of the financial crisis plaguing the region, the investment ratio generally has dropped significantly», adding that «according to available statistics were investment rate in 2013 of about $ 12 billion, while in the current year It has reached a whole billion dollars only, while the projects leave was in 2013 of 127 projects, and this year dropped to only 11 vacation .. In the area of registration of companies the figure was lower than 55 percent this year from 2013, and this is proof that economic growth in decline constant and the financial crisis began to deeply affect the joints of the overall local economy
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