Abdul-Mahdi: 900 projects worth $ 54 billion dollars languishing in Iraq


Adel Abdul Mahdi

money and business

Economy News Baghdad:

Prime Minister Adel Abdul Mehdi said 900 projects worth $ 54 billion are being blocked in Iraq because of the financial and bureaucratic crisis.

Abdul-Mahdi said in his speech at the economic and trade forum, and his follow-up “Economy News”, that the projects lagging in Iraq is 900 projects, noting that the completion rates of some projects reached 85%.

He pointed out that the total value of projects amounted to $ 54 billion, stressing that the projects stopped because of the collapse of oil prices and bureaucratic procedures of the Iraqi state.

He added that since we took power in Iraq, we have reduced the procedures, which contributed to the return of some projects to work, indicating that these projects occupy 500 thousand people.

http://economy-news.net/content.php?id=15923

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s