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Economist: Kurdistan is condemned by the central government for about 50 billion dollars
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The economic expert, Mazhar Muhammad Salih, revealed that the Kurdistan [You must be registered and logged in to see this link.] convicted of the central government by about 50 billion dollars.
Saleh said: According to preliminary information that indicates that the [You must be registered and logged in to see this link.] indebted to the central government for no less than 50 billion dollars. Indicating: that these amounts relate to Kirkuk oil imports, ports, customs and taxes, and they need to be settled with the region.
Saleh added: The region's employees constitute 25% of government employees, and this number is very large compared to their percentage in the budget, which does not exceed 12%. Indicating: that the numbers must be carefully audited by the Financial Supervision Bureau through staff records and financial matters.
He explained: The percentage of employees, if correct, then that means that there is a mismanagement by the regional government in the matter of appointments, because this number exceeds the operational percentage of the region. He explained: that there is a railway department in the region, and it has a number of employees, while the region does not have any train mentioned.
He clarified that the financial relationship between the center and the region must be based on justice and efficiency, and the obstacles must be removed and normalization of rights through the application of a fair governance system. Pointing out that the region in the previous period made a fatal mistake when it opened the appointments door.
With regard to the budget, Saleh said: The government is currently spending expenditures by relying on the ratio of 1/12 of last year’s expenditures for ongoing projects, but new services will be suspended until the budget is approved, which means that the country's economic growth will be stalled, this is internally. As for On the external level, [You must be registered and logged in to see this link.]He has external financial obligations to the multilateral parties, especially the International Monetary Fund and the World Bank, and their agreement provides for an annual budget with specific time limits according to financial planning, which means that the delay in approving the budget has negative indicators.
[You must be registered and logged in to see this link.]
The economic expert, Mazhar Muhammad Salih, revealed that the Kurdistan [You must be registered and logged in to see this link.] convicted of the central government by about 50 billion dollars.
Saleh said: According to preliminary information that indicates that the [You must be registered and logged in to see this link.] indebted to the central government for no less than 50 billion dollars. Indicating: that these amounts relate to Kirkuk oil imports, ports, customs and taxes, and they need to be settled with the region.
Saleh added: The region's employees constitute 25% of government employees, and this number is very large compared to their percentage in the budget, which does not exceed 12%. Indicating: that the numbers must be carefully audited by the Financial Supervision Bureau through staff records and financial matters.
He explained: The percentage of employees, if correct, then that means that there is a mismanagement by the regional government in the matter of appointments, because this number exceeds the operational percentage of the region. He explained: that there is a railway department in the region, and it has a number of employees, while the region does not have any train mentioned.
He clarified that the financial relationship between the center and the region must be based on justice and efficiency, and the obstacles must be removed and normalization of rights through the application of a fair governance system. Pointing out that the region in the previous period made a fatal mistake when it opened the appointments door.
With regard to the budget, Saleh said: The government is currently spending expenditures by relying on the ratio of 1/12 of last year’s expenditures for ongoing projects, but new services will be suspended until the budget is approved, which means that the country's economic growth will be stalled, this is internally. As for On the external level, [You must be registered and logged in to see this link.]He has external financial obligations to the multilateral parties, especially the International Monetary Fund and the World Bank, and their agreement provides for an annual budget with specific time limits according to financial planning, which means that the delay in approving the budget has negative indicators.
[You must be registered and logged in to see this link.]
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