Baghdad, 23 May (Rn) - The Iraqi Ministry of Finance, on Monday, a decision to grant money for projects that delay in completion ministries to local councils for their implementation.
He said the ministry spokesman Mohammed Zaid Zamel told the Kurdish news agency (Rn) announced today that "the Ministry of Finance decided to rotate the money ministries that are delayed in the implementation of important projects for the provincial councils, which are held by the lagging project."
He added that "the Ministry of Finance is working to coordinate with the provincial councils and ministries to facilitate the procedures for implementing the projects and the process of recycling the money."
He added that "the Ministry of Finance will begin the process of recycling the money during the first quarter of the current year to the provincial councils invited companies involved in the implementation of projects retained their money."
Mataatokr and often a lot of projects entrusted to Bwazzrat governmental implementation due to technical and legal problems.
The Iraqi government has a high economic growth in the country as the unemployment rate dropped from 52% to 15% and the level of the poverty line from 54% to 23% and inflation declined overall level of 65% to 6% and higher production of electricity from 3500 MW to 8000 megabytes watts.
The Ministry of Planning and Development Cooperation on it will change the five-year plan, commensurate with the economic reality in the country, stressing the same time that Iraq will fail economically if these annual plan.
The center "Alistza" French and one of the centers responsible for monitoring the project planning in the countries of the world, especially in developing countries, issued last Friday, a report confirming that Iraq had adopted a five-year plan failed can not meet the needs of the main being the need to plan with the features and clear benchmarks to manage and address the service problems experienced by citizens.
The Iraqi government has launched last July the National Development Plan for the next five years, from 2010 to 2014, which is expected to include about 2700 projects in various sectors, worth up to $ 186 billion.
The Iraqi Government has allocated $ 186 billion five-year plan to implement the $ 100 billion of public budgets of the country and the remaining $ 86 billion of investment projects, domestic and foreign.
And the Ministry of Planning announced that the federal rate of economic growth will in accordance with the strategic plan set by the ministry to 47% after it is completed in 2014.
Description of the Central Bank of Iraq earlier also rates of economic growth for the year 2010 as "shameful" compared with past years.
The central bank had revealed last October that the 2011 budget will raise economic growth to 10% of what it was.
Allonan of Jafar, the Open: Magda Optimizer, Ts: Waleed Zaidi
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