Budget 2013 without advance allocations of 100 salary
BAGHDAD / future Iraqi member of parliament revealed Ahmed electrodes year 2013 budget did not include financial allocations for staff advances that called (advance percent salary), Rep. Najiba Najib considered that «the budget allocations for the housing sector and loans are not at the required level. This comes at a time when the market for real estate recession, as a result stop exchange staff advances and loans housing fund that benefit slide for quite a few of the citizens with limited income, amid severe housing crisis and deficit of up to about two million five hundred thousand units. Said electrodes, a member of the parliamentary Finance Committee, in an interview for Alsumaria News »» budget did not witness the allocations for staff named his predecessor's predecessor cent salary. And electrodes added that «the budget included the allocation of 300 billion Iraqi dinars for housing support fund. Housing Fund was established under Order 11 of the 2004 CPA with a capital of 300 billion dinars, the goal of which is to finance housing projects and enable the Iraqi citizens to build residential units by granting mortgages. The government announced in September of 2012 for determining ceilings housing loans of $ 35 million for the capital Baghdad and 30 million dinars for the rest of the provinces, confirmed the abolition of benefits and administrative expenses imposed on those loans. Says a member of the Knesset Finance Committee Najiba Najib said that «the federal budget for the current year 2013 witnessed the allocations to the housing fund and advances but few banks, arguing that« budget allocations for the housing sector and loans are not at the required level. It adds Najib that «ministries and institutions opposed to allocations because they do not represent the minimum of projects developed by demanding assignments largest», noting that «the members of the Finance Committee voted unanimously to increase allocations housing fund and staff advances in case there is an abundance in the budget». Experts say the economy to stop staff advances Index on the lack of interest in the government housing sector, although the acute housing crisis that hit the country. He says economic analyst Abdul Rahman al-Mashhadani said that «not to increase allocations housing fund in the budget in 2013 is a negative indicators on the lack of interest in government housing sector», indicating that «despite the limited effectiveness of the housing fund to solve the housing problem, but he remains one of ports that lent accessible to citizens with limited income. Mashhadani adds that «Iraq economists rely on the housing sector in the economic development that we need in the country, stressing that« the housing sector is able to operate 86 career, and is capable of solving the problem of unemployment and poverty in the event of process was activated by the government. He said the «loan Housing Fund is characterized as interest-free so be demand upon by a large segment of citizens», pointing out that «there is more of a problem on bank loans, particularly with regard to side usurious, so the alternative for the citizen to be Housing Fund and Fund agricultural initiative, because they are without the benefits and long-term Oksathma and up to 15 years. And refers Mashhadani that «ratio is not uncommon from citizens and employees dealt with loans Housing Fund», indicating «true that it does not meet the need is a few where up to 35 million Iraqi dinars, but contribute to building houses for low income people and the poor». For his part, says Hamid Tawfiq, who owns real estate brokerage office in Baghdad, said that «the real estate market has seen during the past few months a significant recession, due to advances Exchange suspension cent salary and stop granting housing loan staff. Tawfiq added that «the real estate market boomed beginning of last year, 2012, indicating that« the real estate prices have not been on the rise over the past period, and most citizens now and because of the narrow case and the lack of funding are looking for Real Estate small sizes. Tawfiq adds that «three citizens now gather to buy a single house area of 180 m 2, and working on hashed into three parts, so that each of them gets on an area not exceeding 60 m 2. His «working in this profession for more than twenty years, but I have never seen such a case. Tawfiq indicates that «if not previously exist now emerged, which is that contractors are buying a house and Aksmoh into three parts and then sell each part separately, which is a profitable business for lack of people have money to buy a house with an area large. He explains that «despite the government's support to the thesis dealing with the crisis through investment sector and support investment housing in particular as the only sector capable of addressing the crisis in the coming years, we do not see the seriousness and interaction of some state departments to support this sector and to facilitate his», adding that «there are some institutions live mentalities formed in the light of the former totalitarian regime, the day working on a stick in the machine and create obstacles to the movement of activating the investment sector housing, and does not allow for private housing companies and specialized building residential complexes in order to contribute to the reduction of this crisis.
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