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Erbil Chamber met World Bank Experts to address Financial Crises

Published in news Wednesday, 15 October 2014 09:00

Erbil: On 29/09/2014 , Mr. Dara Jalil Khayat President  of the Erbil  Chamber of Commerce and Industry ,at his office in Erbil,ladies Bertin Kimvios and Kalamta Mavrin The experts in the field of private sector development and financial affairs, has talkedabout the World Bank collaboration with the Regional Government , in how to solve the financial problems plaguing the region, which causes back to the Blocking of financial dues to the Kurdistan Region in 2014 by the Iraqi government, which impacted negatively on the total activity of ongoing development movement in the region in various sectors and decline in the private sector increased by 40% in addition to bear additional financial burden of supporting  peshmarga forces ,the amounts exceeded102 million dollars to cover expenses food for two months to enable them to defend the borders of the Region, especially in theFronts of Makhmoor and Gwer  in their heroic fight against terrorist of Daash .

 

Erbil Chamber  has borne financially burden in this campaign, the President of the Chamber has expressed  the hope  the recovers  of the economy of Kurdistan after the formation of ministerial council in Iraq,  new Kurdish appointed Minister s , to work jointly to resolve the technical and financial differences between center and the region in accordance with the Constitution.

 

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