The KRG’S loans to start next week

Peo­ple com­plain the KRG over stop­page of the long-term loans

The Kurdish Globe - - NATIONAL -

The Kur­dis­tan Re­gional Government’s Act­ing Min­is­ter of Fi­nance and Econ­omy has said that the mar­riage, real es­tate, agri­cul­tural and in­dus­trial loans will be re­sumed from the next week, af­ter it was stopped for sev­eral months.

As the KRG passed the 2013 draft bud­get, many peo­ple have been wait­ing to get mar­riage and real es­tate, agri­cul­tural and in­dus­trial loans.

Kur­dis­tan Par­lia­ment rat­i­fied the 2013 draft bud­get which was es­ti­mated to be around IQD 17 bil­lion on Fe­bru­ary 15, 2013. Many peo­ple com­plain the KRG, ask­ing to re­sume the loans as soon as pos­si­ble.

In a re­cent press con­fer­ence, the KRG’s Min­ster of Fi­nance, Bayez Tal­a­bani, said that the loans will start in the near fu­ture.

How­ever, Dler Tariq, spokesper­son for the min­istry told the Kur­dish me­dia out­lets that the stop­page of the loans is im­per­ma­nent and is be­cause of an­nual ad­min­is­tra­tive stuffs. Tariq ad­di­tion­ally stated: “The min­istry has thus far sent the nec­es­sary in­struc­tions to the KRG’s rel­e­vant par­ties.

Ac­cord­ing to the KRG’s in­struc­tions, the loans should not be stopped. Mean­while, Ab­dul­lah Mul­lah Nuri, a mem­ber of Kur­dis­tan Par­lia­ment from the lead­ing op­po­si­tion po­lit­i­cal party (Gor­ran), stated that the stop­page is not legally ac­cepted. The loans are ac­counted af­ter the bud­get that’s why it should be con­tin­ued per­ma­nently.

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