Allocation of five billion dollars from the World Bank loan projects provinces


 

 

Bridge civilizations commentator Nasiriyah downtown Imaging (Mahmoud Raouf)

 

Author: AR, HUA
Editor: AR 24.5.2016 12:42 Number of Views: 769

 

Long-Presse / Dhi Qar

He revealed the governor of Dhi Qar Yahia Nasseri, Tuesday, in an agreement with the Economic Committee in the Prime Minister’s Office and the Ministry of Planning to allocate five billion dollars from the World Bank for projects provincial loan, as he emphasized that the amount will contribute to re-work projects, the provinces and the provision of basic services and the payment of corporate debt.

He said the Nazarene in a statement received (long-Presse) a copy of it, that “previous encounters with the Economic Committee in the Prime Minister’s Office and the Ministry of Planning and resulted in an agreement on the allocation of about five billion dollars to the provinces of the total World Bank loan,” noting that “allocations mentioned will contribute in the event of launched to address the financial problems that caused the interruption of projects and open up the prospect of work in future projects as well as the payment of corporate debt arising from the implementation of the projects. ”

He stressed the Nazarene on “the importance of the loan and reflected positively on the implementation of projects, both interrupted by the financial crisis or those approved under the previous development plan for the province, and have been approved by the Ministry of Planning has not been implemented or projects under the announcement,” expected to “contribute to providing the local economy with the money, the recovery the process of reconstruction and continuity of work projects and provide basic services to citizens and stimulate economic activity. “

The number of projects that stopped in Dhi Qar province, due to lack of funding 444 projects spread over 22 sectors Khaddmaa and developmentally.

Dozens of contractors and business owners in the province of Dhi Qar demonstrated in (26 August 2015), in front of the governorate building to demand regardless own 2013 draft financial dues, as pointed out that allocated to finance preservation projects do not cover 10% of the dues Contractors only money, They threatened to sit in the event of failure to respond to their demands.

He was the governor of Dhi Qar confirmed, in (14 June 2015), the project funds do not cover the debt owed to the companies and contractors, and revealed that the administration of the province will adopt the mechanism adopted by the recent Council of Ministers to repay those debts, according to the percentages achieved in the completion of projects.

He was the governor of Dhi Qar confirmed, in (14 June 2015), that funding for preservation projects and the plan adopted in this area require more than 800 billion dinars in general, and as pointed out that the debt due and payable on the achievements of the stages of the work of these projects requires more of 115 billion dinars.

The Council of the province of Dhi Qar, announced on 23 April 2014, it voted unanimously to balance the development of regions projects plan worth 992 billion dinars, and counted “the largest budget” in the history of the province, as he emphasized that it includes more than 340 projects spread over 20 sectors Khaddmaa and developmentally , but the plan could not be implemented due to lack of adoption of the federal budget for 2014.

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