«Financial Times» US Confirms: Iraq earned $ 550 billion in oil and now bankrupt?
«Financial Times» US Confirms: Iraq earned $ 550 billion in oil and now suffers bankruptcy!
Posted 05/04/2016 05:16 PM
BAGHDAD - Follow-up to the Orient:
Alvachal Times, the US announced that Iraq has Asthsal to nearly 550 billion US dollars between 2006 and 2014, imports from the sale of oil during the reign of former Prime Minister Nuri al-Maliki. The paper, through its economic analysis, said that "the amount Almsthsal puts Iraq at his home to make it immune to bankruptcy as if it was its oil exports to a crash or a fall in prices, as has already happened," pointing out that «the rampant corruption in the Iraqi state structure has prompted the country about the current situation of bankruptcy, despite what possessed the financial strength over the past period ». This comes at a time when the analysis confirmed that the deteriorating security situation and the presence of Daash on Iraqi soil is a direct result of corruption, who left the country without a real military force capable of achieving security, while exposed to the public mood to significant negative decline is the increase in demonstrations and public rejection of government policy , especially with the deterioration of the situation of public services and the health sector, as well as the imposition of new taxes on citizens, at a time when the government is struggling to pay for the retirement of seven million Iraqi employee salaries.