Approval of payment on credit mechanism
5/12/2015 0:18
BAGHDAD - morning
renewed the local government in the province of Dhi Qar its call for the Council of Ministers to approve the payment mechanism on credit to finance the stalled projects.
Statement of the province received "morning," a copy of which noted that "the administration of the province's renewed call the Council of Ministers of Finance and the ministries of planning to accelerate the approval of funding mechanism projects in accordance with the payment on credit method and the method of dealing with the funding agencies. "
confirmed the statement said that "to accelerate the passage of the mechanism will address many of the problems caused by lack of funding and revive the labor movement," pointing out that "the current financial deficit caused the interruption of all preservation projects and negatively affected the movement Construction and activity of local markets and the movement of work in other economic sectors. "
He pointed out that "working in government projects have estimated B87 billion dinars and payable immediately in order to continue to work financial benefits companies."
He explained that "the local government going through a severe financial hardship as a result of stalled launch of the province's budget for about two years. This has impacted significantly in the province's economy and per capita income and returns the markets and the movement of labor in Dhi Qar. "
He revealed receive administration of the province offers from some banks and companies expressed their willingness to work in the province in accordance with the payment on credit method, especially that some of them display work in accordance with the method of payment term for a period of five years. "
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5/12/2015 0:18
BAGHDAD - morning
renewed the local government in the province of Dhi Qar its call for the Council of Ministers to approve the payment mechanism on credit to finance the stalled projects.
Statement of the province received "morning," a copy of which noted that "the administration of the province's renewed call the Council of Ministers of Finance and the ministries of planning to accelerate the approval of funding mechanism projects in accordance with the payment on credit method and the method of dealing with the funding agencies. "
confirmed the statement said that "to accelerate the passage of the mechanism will address many of the problems caused by lack of funding and revive the labor movement," pointing out that "the current financial deficit caused the interruption of all preservation projects and negatively affected the movement Construction and activity of local markets and the movement of work in other economic sectors. "
He pointed out that "working in government projects have estimated B87 billion dinars and payable immediately in order to continue to work financial benefits companies."
He explained that "the local government going through a severe financial hardship as a result of stalled launch of the province's budget for about two years. This has impacted significantly in the province's economy and per capita income and returns the markets and the movement of labor in Dhi Qar. "
He revealed receive administration of the province offers from some banks and companies expressed their willingness to work in the province in accordance with the payment on credit method, especially that some of them display work in accordance with the method of payment term for a period of five years. "
[You must be registered and logged in to see this link.]