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Kurdish leader: the solution in Baghdad

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Kurdish leader: the solution in Baghdad

 

 

         


10/26/2015 0:00 

 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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Looks like the Kurds are now ready to take their 17%, whatever the sell rate of a barrel of oil may be.

As the old saying goes, "a bird in the hand is worth two in the bush".

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Yep - they best get after this with 17% of the action, push on and do their part for getting Iraq on a firm global financial footing - or they'll liable to wind up with 17% of NOTHING !

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"All roads lead to Baghdad "

I believe this time they're on a mission to get the HCL done.

Go Iraq

Go HCL

Go IER

Go 1:1.17

The final countdown .

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26-10-2015 01:30 PM

 

 

 

Detection of the Kurdistan Alliance, on Monday, for the imminent resumption of negotiations between the Governments of center and the region to overcome their differences. 

He said coalition member Majid Chenkali in a press statement today, said that "the governments of center and the region is currently paving to activate the oil agreement through the formation of joint committees to remove the differences between them." 

He added "The negotiations will take place over the next few days," he expected to "conduct negotiations after the federal government agreed to pay the dues of the province." 

The still-oil exports needed to Kurdistan and dues from the general budget occupy the political arena in the country, after he saw the oil agreement between Baghdad and Erbil significant violations After that the province resumed its oil exports away from the center.


Read more: http://dinarvets.com/forums/index.php?/topic/210034-the-delegation-of-the-kurdistan-regional-government-in-baghdad/#ixzz3pfctqbLS

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