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Voice of the Copts, a nonprofit organization, fights the spread of Islamic supremacy and Sharia throughout the Western world through education, advocacy and action. By drawing attention to the suffering of Coptic Christians in Egypt, it endeavors to educate the Western world as to the chilling effect of Sharia (Islamic law). Founded in 2007 by Dr. Ashraf Ramelah, Voice of the Copts focuses on three key issues: freedom of religion, cultural identity and women’s rights.
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Iraq is losing $27 million a day due to budget delay
- Details
- Category: News
- Created on Sunday, 24 February 2013 14:07
- Written by AL ARABIYA
Iraqs curancy AFPIraq already marred by high deficit is losing almost $27 million per day because of a budget delay, a member of the Shiite-dominated National alliance coalition said in a press conference on Saturday.“The National alliance coalition is insisting to issue Iraq’s budget as soon as possible,” the Iraqi news website Al-Sumaria reported the Chairman of the parliamentary Finance Committee, Haider Abadi saying.
The secular yet Sunni-backed Iraqiya list and the Kurdistan coalition have both rejected the current budget proposal.
In addition to this, disagreement over payment to oil companies operating in the semi-autonomous region of Kurdistan, the Iraqiya list still demands money that has been allocated to the Defense Ministry to be funneled through to the budget of other provinces.
Iraq’s budget deficit is expected to fall to $4 billion at end-2014 from $12 billion that was planned for 2012, as the country benefits from increased oil proceeds.
Iraq sits on $143.1 billion barrels of proven oil revenues and 126.7 trillion cubic feet of natural gas.
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