About UPI  |  UPI en Español   |   My Account
Free News Update:
United Press International - News. Analysis. Insight.™ - 100 Years of Journalistic Excellence
  • Home
  • Top News
  • Entertainment
  • Odd News
  • Sports
    • Baseball
    • Football
    • Golf
    • Olympics 2008
    • Tennis
  • Business
  • Science
  • Health
  • Analysis
    • Energy Resources
    • Security Industry
    • Emerging Threats
  • Media
    • Video
    • News Photos
  • Features
    • The Voice of Young Voters
    • Path to the Presidency
    • Energy
    • Beijing Olympics 2008
Search:
Go
You are here:  Home / Energy Resources / MP wants oil funds for refugee crisis

Energy Resources

View archive | RSS Feed

MP wants oil funds for refugee crisis

Published: Feb. 11, 2008 at 10:59 PM
Order reprints  |  Print Story  |  Email to a Friend  |  Post a Comment

BAGHDAD, Feb. 11 (UPI) -- The top parliamentarian in Iraq's Displacement and Migration Committee wants "3 to 5 percent" of the country's oil proceeds to be dedicated to helping refugees.

There are an estimated 2.2 million internally displaced Iraqis and more than 2 million outside the country, according to the United Nations, effects of the 2003 invasion and subsequent decline in security and quality of life.

"We propose 3 to 5 percent of national oil revenues should be allocated to this problem as (displaced families) have become not only a burden on the Iraqi government but on all host countries as well," said Abdul-Khaliq Zankana, the U.N. humanitarian affairs office' press service reports.

Iraq has the world's third-largest oil reserves, but years of mismanagement by Saddam Hussein, U.N. sanctions and the war have prevented the fields from producing what they're capable of.

Still, Iraq has produced an average of about 2 million barrels per day since 2003, and in December that increased to 2.3 million. The U.S. State Department's Iraq Weekly Status Report estimates Iraqi oil exports brought in $34.4 billion in 2007.

"We believe that occasional financial support given by the government, national and international organizations is not enough to solve this problem," he added. "So the government has to adopt a fixed, clear and comprehensive policy that leads to an assigned budget as this problem is unlikely to be solved in months or even years."

RATE THIS ARTICLE
    Poor    1    2    3    4    5  Excellent    
Feedback


© 2008 United Press International, Inc. All Rights Reserved.
Have an opinion? Leave a comment. No Registration Required.
News Photos Slideshows
Photos of the Day
Week in Photos
News
Entertainment
Sports
Features
Archives
Olympics 2008
Path to the Presidency
UPI Features - The Voice of Young Voters
Most Popular
Stories
Photos
Videos
People
1.
Iran gas summit raises questions
2.
Iran funneling investments to oil fields
3.
Iran asks for $7B for fuel imports
4.
Ecuador rethinks oil strategy
5.
Analysis: Azerbaijan diversifies oil export routes




Videos
Enlarge Video
Global impact of the American financial crisis
Global impact of the American financial crisis
Tuesday, October 7
Campaigns go personal
Campaigns go personal
Monday, October 6
Reaction: Obama leads Virginia
Reaction: Obama leads Virginia
Friday, October 3
Poll: Palin beat expectations, but Biden won
Poll: Palin beat expectations, but Biden won
Friday, October 3
© 2008 United Press International, Inc. All Rights Reserved. Official Government Wires  |   About UPI  |   Site Map  |   Terms of Use  |   Privacy Policy  |   Advertise Online  |   Contact Us

Sponsored Links: Fundraisers - prom dresses - Prom dresses and gowns - Public Records - Wedding and Honeymoon Experts - Auto Dealers - Motivational Sports Speakers Bureau