Planning: conference to identify projects to be implemented in the budget of 2016
November 7, 2015
The Ministry of Planning announced on Monday held a conference expanded to identify projects that will be implemented within the next year's budget with the participation of ministries and provinces concerned
He said ministry spokesman Abdul Zahra al-Hindawi said in a statement seen by our economy news agency that the conference will determine the projects to be implemented within the investment allocations in the budget next year.
He Hindawi said the investment side allocations in next year's budget amounted to 29 Trliuna, specialty ongoing projects that have reached an advanced completion rates, especially that no development of any investment project within the budget, pointing out that the total amount of the benefits of ongoing projects is estimated at 129 Trliuna, distributed between the budgets of the coming years, the fact that the project continues.
Hindawi pointed out that the economic conditions experienced by the country has forced the Ministry of Planning in cooperation with the implementing agencies and recipient to reconsider all the projects in order to reduce the effects of the crisis caused by low oil prices, especially as the large number of projects included within the budgets of the past years has not been completed.
It is The Ministry of Planning and deleted 296 projects with a total cost her 10 trillion and 652 billion dinars, as projects are not a priority at the current stage and the project was postponed in 2169 mandated Trliuna 36 and 720 billion dinars.
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