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Iraqi budget stalled until after election season

Key oil revenue disputes are too much to overcome now that campaigning for April 30 national elections has begun.
Iraqis walk past election campaign posters at Tahrir Square in Baghdad, on April 9, 2014. (AHMAD AL-RUBAYE/AFP/Getty Images)

BAGHDAD - Iraq will not pass its 2014 federal budget before national elections on April 30, according to several members of Parliament – a setback that threatens to complicate the formation of a new government and hamper the country’s ability to execute badly needed investment projects.

"The issue of the budget is over now," said Kassim Mohammed Kassim, a Kurdish MP. "The current MPs who are standing as candidates will be busy with their electoral campaign, and the other MPs who aren't standing as candidates, I think they don't care to attend the sessions."

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