Parliamentarian: The Kurdistan Government Is Facing The Largest Economic Crises In The History Of The Region
Politica l | 09/08/2023 Baghdad - Mawazine News Member of the Oil, Gas and Natural Resources Committee, Ali Shaddad, revealed that the Kurdistan Regional Government is exposed to economic crises that are the largest of their kind in the history of the region.
Shaddad said in a statement, a copy of which was received by Mawazine News, that “the cessation of oil exports through the Turkish Ceyhan port has caused Kurdistan major financial crises as a result of accumulated debts that are difficult for it to pay at the present time.”
He pointed out that "the Kurdish authorities suffered huge losses and incurred large debts to international oil companies."
He explained that "Kurdistan began to throw accusations at the central government and did not reveal to the Kurdish people the truth about the money that the Baghdad government sent to Kurdistan to pay the salaries of employees and establish urban and service projects."
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