Iraqi State Collapsed Economically and Almost Declared Bankruptcy Due to Lack of Budget
|October 15, 2014||Filled under Iraq Daily News|
Iraq Daily News -
The leader of a coalition uniting Mohammed Khaldi said the Iraqi State has collapsed economically and almost declared bankruptcy due to lack of financial budget, calling on President Fouad Massoum convened a Conference and invite the three presidencies and the Presidency of the Kurdistan region to solve the budget crisis.
Khalidi said in an interview for the programme (10-11), which broadcasts channel “space” Sumerian, “the financial situation is very bad because of the lack of financial and budget State failed economically and practically day declare bankruptcy,” adding that he “cannot resolve the budget only a single solution is Conference calling the President of the Republic, through which the three presidencies and the Presidency of the Kurdistan region to solve the budget crisis.
Khalidi said that he “cannot solve this crisis without the presence of presidencies because there are files behind the scene”, adding that “the visit of Massoud Barzani in Baghdad alone may not melt the ice of differences between Baghdad and Erbil of the disputed amount as great as there are former and current political agreements have not been implemented.”
And the leader of a coalition uniting the “core of the problem is that each party interpreted by amateurs because of shortage of the Constitution by the oil and gas Act legislation.”
The decision of the House of Niazi Monday said Ihsanoglu, the Cabinet will discuss at its meeting tomorrow the general budget bill, saying it will then send the budget to the Parliament.
The parliamentary Finance Committee announced today that the agenda of the Parliament session on Tuesday, will be free from federal budget bill 2014, the budget law will be included in the Parliament session to be held next Thursday to complete the first reading.
The State budget has become material for sparring, recriminations among all political blocs, they still lie in the corridors of the House of representatives, did not complete its reading since it was ratified by the Council of Ministers (15 January 2014).
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