Tuesday, 03 November, 2015
BAGHDAD / Sky Press: Parliamentary Finance Committee, announced Tuesday, for submit a request to the Presidency of the Council of Representatives of the Kurdistan region to isolate the loan project for the Japanese loan law, the law is regarded as one of the important projects being granted soft loans for the rehabilitation of infrastructure in the country.
A member of the committee MP Jabbar al-Abadi for “Sky Press,” “The Japanese loan is good and soft loans, the fact that a small percentage interest and the period of a long shot,” adding that “the House of Representatives passed a more paragraphs, including Hartha power station and port, in addition to that discussed two loans, one of the region of Kurdistan before and the other for the implementation of energy projects across the country. ”
“The loan amount includes 34 billion yen for sewer projects and the other 56 billion yen for energy projects in the country,” noting that “the subject of the Kurdistan region to discuss loan is still within the House of Representatives and unresolved so far.”
He noted that “the Finance Committee submitted a request to the chairman of the parliament of the Kurdistan region to isolate the loan from the Japanese loan project for the purpose of holding extensive discussions around it.”
The head of the will of the MP Hanan al, called in earlier, all deputies not to vote on the draft law of the Japanese loan, noting that the law includes the grant of the Kurdistan region the amount of 34 billion Japanese yen and Iraq will be paid off over 40 years to come.
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