The Budget of Iraq Will Not Approve This Year

Iraqi NewsIraqi Dinar 123 News:– The political leader and the MP for the coalition of state law, Abdul Salam Al Maliki said that looking present political environment of the country, it is difficult to say that the budget of Iraq will be approved in 2014. There is a deadlock on the both sides and no one is ready to compromise on the conflicted issues. The Kurdistan is not ready to step back from boycotted of the parliament session that is necessary to approve budget.

The arbitration offer made by United States of America is still in the way and the ambassador of United States also said that both stockholders are not willing to give realistic approach that could pave the way for approval of the budget. Most of the ministries of Kurdistan are short of cash due to unapproved of the budget. It shows that in the case of failure of budget approval, Kurdistan will have to bear the huge loss. It must realize it and go ahead for the negotiation, because negotiation is one of the best methods for resolving the issues between both of the regions. The common people of Iraq and Kurdistan will have to bear the ultimate loss for the conflict between both of the stakeholders.

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