Thread: Archive News - Iraqi Dinar Think Tank - 22/06/2010 - 04/10/2010

Originally Posted by Seaview

Economist : delayed formation of the government cost the country huge losses

Economic expert said that it is difficult to estimate and limit the size of the losses resulting from delays in forming an Iraqi government , noting that the investment sector will be the first affected by it.

The expert added as Abdul Hadi in contact with the agency, the independent press (Iba) all of the delay in forming an Iraqi government that would lead to delays in the implementation of investment projects which have been developed through the investment plan for the government and the state budget.

Abdul Hadi pointed out that the delay in forming a government will lead to a delay in Cecchelalrwip strategy for the new government and decision-makers through passing the obstacles and mistakes made by the current government.

He stressed that the economic effects of the postponement of the House of Representatives for its first session will be tailored to despite the fact that the impact would be indirectly on the various economic sectors.

The community that Iraq would suffer economic losses in the millions by delaying the adoption of investment projects in the country or delayed payment of dues for such projects through supplementary budgets, delaying the movement of economic development in the country.

http://www.ipairaq.com/index.php?nam...onomy&id=27694

is everybody else as amazed as I am at this ZOO going on in Iraqi Politics??...i mean the whole wide world is watching these politicians make A**HOLES out of themselves..and as this economist states it has cost the country huge losses in investments...their people are no better off now then when Saddam was in power....CORRUPT and STUPID...those two words come to mind right away when i think about Iraqi politicians...thanks for your posting Seaview....keep up the good work...Pat