Learn about the economic consequences of the blockade of Kurdistan



Economy
Monday 25 September 2017 01:08 PM


BAGHDAD / The economic expert Salam Samisem said on Monday that prices in the local markets of the Kurdistan region will witness a significant rise in the case of economic embargo imposed by Turkey and Iran, while noting that the region will be affected by a larger proportion of the Turkish embargo because there is a lot Of the Turkish investment companies operating in Kurdistan.

"The price of the local markets of the Kurdistan region will witness a significant rise in the case of the imposition of the economic blockade by Turkey and Iran, along with the escalation of inflation," said the peace, "indicating that" the region will be affected by a larger proportion of the Turkish blockade because Because there are a lot of Turkish investment companies operating in Kurdistan and Turkey has already issued directives to withdraw all its citizens from the region. "

"The economic crisis will directly affect the citizen who suffers in advance of the financial crisis because of the failure to pay salaries regularly over the past two years without affecting officials in the government," adding that "the officials in Kurdistan fortified themselves with the large funds they take Through the export of oil and put it in their personal accounts with banks. "

On Monday, Iran closed its land border with the Kurdistan region, which began a referendum on secession from Iraq after it announced on Sunday that all flights to Sulaymaniyah and Arbil airports had been stopped. Of the Iraqi government.

Turkish Prime Minister Ben Ali Yildirim threatened to impose economic, political, diplomatic and military sanctions on the Kurdistan region in response to the referendum.

Prime Minister Haider al-Abadi said on Sunday that he refused to form a "racist state" in Iraq, while stressing that the results of the referendum in the Kurdistan region will not be dealt with, he pledged to take "steps later" to preserve the unity of the country and the interests of the people.

It is noteworthy that the referendum on the separation of the Kurdistan region was launched Monday morning, despite the opposition of the Iraqi government as well as regional and international rejection of the referendum unilaterally. Finished 2

Link