Red's Headline Iraq Recap 4-April-2014
Shaways: Iraq aspires to be a donor country and we still need the support of the United Nations
Red Lily ~ In my opinion this is good news. Realize, however, that the UN has always been there to support Iraq in every aspect of rebuilding their country. We need to see Iraq actually APPLY these recommendations and procedures in order for the Global Community to take Iraq's government seriously.
After approval by the election commission on Iraq is a coalition of candidates voters to "economic well-being"
Shammari said, "What we want to work it is to raise the free market economy in Iraq 1
Red Lily ~ This falls in line with what the IMF and World Bank have been preaching to Iraq for the PAST 5 YEARS... Can they DO it??? We wait and we see. NOBODY KNOWS.
Kurdish Government to be Formed Before End of Month
“If our counterparts persist in their policies, then we too will pursue our own policy,” he warned. “They should find out what it is.”
Red Lily ~ ~ I KNEW IT!! If the Central government does not agree or at least come to a 'compromise' on this budget, Kurdistan will become independent and form their own government. In my opinion this will affect Iraq's GDP GREATLY!!
Shahristani: Iraq's revenues from oil will rise to 300 billion dollars a year
*Iraq's revenues from oil will rise to 300 billion dollars, even if the price of a barrel of oil remained steady, while noting that Iraq has achieved revenues estimated at 90 billion U.S. dollars last year.
*"Iraq was able to achieve during the past years, an increase in oil production to three and a half million barrels of oil, which achieved revenues of large annual estimated at 90 billion dollars Over the past year, after it was 30 billion dollars in 2006. "
Red Lily ~ I do not trust Shahristani as far as I can throw him. I have reviewed a few economic studies about Iraq's economy lately. The articles (paraphrasing), have stated that if Iraq keeps moving in the direction they are moving in 'right now', they will be bankrupt by 2017 all because of the security situation as of late.
Example: Anbar, Fallujah and others that have consistent violence and blowing up of bridges and infrastructure
State law: our refusal to vote on the budget and granting immunity to the Commission in one session
* He said that al-Saadi "deputies of state law will not attend any meeting without the inclusion of the budget law on its agenda," calling on all parliamentary blocs to "attend the meeting of the budget and not to punish the Iraqi people."
Red Lily ~ Still we see the budget has yet to be passed. The CSL refuses to attend further parliamentary sessions UNLESS the budget will be included. BUT it is the head of this coalition, "Maliki", and the central government that refuses to change the wording of the punitive paragraphs within the budget to appease Kurdistan. They are still demanding that Kurdistan submit 400,000 barrels of oil PER DAY right off the top to the central government. Barzani has made goodwill gestures to try to compromise with the central government to no avail. This is the reason they are wanting their independence, in my opinion, as there is NO COMPROMISING with the central government on any issue..
Peace & Blessings ~
♥ Red Lily ♥