The presence of strong infrastructure reduces the economic crisis in the region

The presence of strong infrastructure reduces the economic crisis in the region

 

4/18/2017 0:00

Researcher: Kurdistan did not take advantage of flowing funds from Baghdad in the development of
Dohuk / Iyad Berwari
effects of the financial crisis affected the Iraqi citizen in Kurdistan and went to the family economy, which made sounds louder to find a real multiplicity of economic resources, as confirmed academic researcher in economics from the province of Dohuk that Kurdistan region exposed to the financial and economic crisis impact on all joints and in particular by the economic development and per capita income and living life of the citizens, adding that the provincial government and citizens were affected by the financial crisis turned into an economic crisis.
Economic researcher Kawa Abdulaziz refer in his speech to the "morning" the reasons for the emergence of economic crisis in the region to external factors and internal, explaining that the internal factors caused by the provincial government itself through the lack of experience and expertise in the area of governance and lack of benefit from the large revenues that the province gets on her.
He noted that the transfer of citizens from the private sector to the public sector by employing large numbers of them in government departments and institutions was an incorrect step over the past years that the region today pays its toll.
Abdul Aziz , who is also head of Duhok branch of the Organization for the Defense of Consumer Rights, noted that many of the citizens of the region who had returned to their villages after building them and got life to their agricultural land and proliferated livestock also as a result, but because of the appointment of many of them in government departments or allocation monthly salaries to them, noting that the number of people receiving fixed salaries from the provincial government reached two million and 400 thousand people, of whom 700 thousand employees.
He stressed that it was a big burden on the economic situation of the province's population of 5 million people spread between the four governorates (Erbil, Sulaymaniyah, Dohuk and Halabja), and is difficult for the provincial government, their salaries on time.
Abdul Aziz said he was on the government of the Kurdistan region, work to pay attention to a lot of other and activating the productive sectors and provide employment opportunities in the private sector and encourage citizens to be areas that people producers rather than total reliance on the government and what they offer them salaries.
However , he is saying: But what has happened over the past years was the opposite, since the provincial government transferred thousands of workers in the private sector to the public sector which led to the producers of agricultural crops and livestock turn into consumers.
And the huge money that poured into the Kurdistan region of Baghdad between 2003 and 2013 , Abdul Aziz said , unfortunately , has not been benefiting from these funds in the process of economic development in the region as a result of corruption and the lack of necessary expertise to manage the money, explaining was the ten years that followed the fall of the regime Baath in 2003 is a golden year in the Kurdistan region , though the exploitation of these huge funds in economic development and the creation of economic infrastructure is strong, since the region exposed to the economic crisis facing today, was not the province 's economy is affected by a decline in oil prices in world markets , not too hot B with "Daesh" terrorist was living situation in the region would be better than now.
Abdul Aziz revealed that the province did not rush to seek effective solutions to the crisis, which led thereby to escalate and resulted in the occurrence of the provincial government under the debt , which amounted to $ 20 billion to pay part of the monthly salaries of the staff and alleviate the pain of their shoulders.
He said the Kurdistan government has been unable to get rid of the effects of the crisis, and the focus is now to continue to pay employees ' salaries saving the compulsory system from January 2016 which remained in debt on the government, and the non - payment of staff salaries last of the year 2015 the four months, a significant burden on the provincial government.
Abdul Aziz concluded his speech by referring to the existence of the debt of the provincial government owed local contractors and oil companies, demanding the provincial government need to speed up the development of the necessary solutions and not rely on only one source , which oil to get revenue, but the need to diversify these private sources and that the Kurdistan region has the ingredients the necessary economic recovery and overcome the financial crisis based on agriculture, industry and tourism.

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