The KRG’S loans to start next week
People complain the KRG over stoppage of the long-term loans
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.