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and Minister of Finance and other stakeholders تضييف Parliament economic seeks to in the free zones

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therealbubbie

therealbubbie
CO-ADMINISTRATOR
CO-ADMINISTRATOR

Justified reasons for deportation law infrastructure to the next session
Baghdad Farah pumice Commission intends to economic, investment and reconstruction parliamentary تضييف Minister of Finance and concerned the free zones on canceling contract with U.S. company British in the free zone in Basra. Commission decision MP Mahma Khalil between "it was investing 21 million square meters of land in the province of Basra, by a U.S. company, British, with the consent of former Finance Minister, Dr. Rafie al-Issawi, but the ministry has subsequently cancel this agreement with the company. said the Commission's decision for "Center Brief for the Iraqi Media Network," that his committee plans to host the Minister of Finance and other stakeholders in the free zones in the ministry to find out the reasons for approval of the contract with the company American and British and then cancel the contract after it, explaining that he had been contracted with the company to bring in companies operating in the field of oil and energy. and on the Law of Infrastructure Committee expected economic, investment and reconstruction deportation law to the next parliamentary session due to the political climate convulsive, and security breaches, and the possibilities banking vulnerable in Iraq. Commission decision stated that the financial ceiling observed the Law of the infrastructure was up to $ 70 billion in the previous parliamentary session was deported law to the current legislative session with a reduction of the amount appropriated to $ 38 billion, while the Justice Council of Ministers financial ceiling of the law and make it $ 10 billion. continued Khalil said, "This law has had some problems and objections by some political blocs on the guarantees companies and distribution infrastructure projects equally among the provinces, as well as fund management and payment present and deferred" he said, adding that there is fear of financial corruption and not to refer projects to companies sober and the proportion of financial benefits, in addition to not exploit the law of the propaganda campaign. drew the Commission's decision that the reconstruction of Iraq's infrastructure for all sectors need more than $ 500 billion, according to estimates investment conference in London, as well as investment conference in Istanbul, which was estimated need for Iraq to about $ 600 billion, considering the amounts currently allocated is a dose of the vessels is not enough. concluded Khalil to say that the real problem is not to pass this law lies not in money, but in the Iraqi environment is attracting investments due to the political climate convulsive and incompatibility of the political blocs with each other as well as the security file thorny and violations that occur, and the weakness of the possibilities banking and fund management, where suffer from red tape and procedures long in achievement, likely that (the law) will leave to the next parliamentary session and that for technical reasons and political .

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