Maliki Warnes of an Iraqi Economic Collapse
|February 20, 2014||Filled under Maliki News|
Iraqi Prime Minister Nuri al-Maliki said that Iraq as a whole is going through a financial crisis and warned of the collapse of the economy and the financial system if it has not been authenticated by the public budget deficit is likely to exceed more than 35 billion dollars.
It quoted “United Press International,” that “al-Maliki search yesterday with the leader of the Patriotic Union of Kurdistan official regulations Baghdad Faryad Roandzi a number of important issues.”
The statement quoted Maliki as saying: “Iraq as a whole is going through a financial crisis,” he predicted “a collapse of the Iraqi economy and order financial, if not approval of the budget at the earliest and find radical solutions to the problem of increasing public expenditure which has become more than imports.”
He guessed Maliki be “budget deficit of more than 35 billion dollars.”
The statement pointed out that “it was addressed to the relations between the Kurdistan region and Baghdad especially the financial crisis and liquidity crisis in the region and demanded Roandzi prime minister to work to find a solution to the crisis as soon as possible, especially with regard to regardless employees’ salaries.”
The statement continued: “The prime minister linking to solve this crisis to dissolve knots oil between Baghdad and Erbil.
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