Committee of Finance of Iraq: Kurdistan will get 17% of the funds frozen in the event of the launch
On: Sat, 31/10/2009
Committee of Finance of Iraq: Kurdistan will get 17% of the funds frozen in the event of delivery.
Erbil (Network News for this day) - The members of the Committee of Finance of Iraq that in the event of release of funds frozen Iraqi Kurdistan, the territory will get 17% of the total money.
The members of the Committee of Finance of Iraq that Iraq was able to recover the money frozen in foreign banks as it exits from Chapter VII of the United Nations, and that money would be returned to the state treasury and the central province of Kurdistan will get a 17% share of the total money in the event of launch.
The Finance Committee as saying that "Iraq will not be able to recover the money frozen without exit from Chapter VII of the United Nations."
Sami with the other Vice-Atrushi of the Finance Committee that "the frozen funds, funds that will become very huge part of the overall budget of the country and will be subject to the annual debate and accordingly, the province will receive 17% of those funds."
The United Nations has imposed several sanctions on Iraq, called Chapter VII of the invasion of Kuwait.
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