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Basra declares near the balancing of trillion and 449 billion dinars
November 12, 2014 5: 16 pm
2014-Nov-12-54636bbaf2f92.jpg
Local government in Basra, Wednesday, the Mayor is scheduled to receive over the next few weeks to offset a trillion billion dinars, of which 449 trillion and 43 billion arising from granting $ 1 for each barrel of oil product in their fields.
The Governor of Basra, said Majid Nasraoui told a press conference in his Office that "Basra was to get five dollars for each barrel of oil product in their fields, but as a result of the severe budget deficit had painstakingly maintained the decision to divert $ 1 for each barrel of oil, so the Cabinet except the Mayor of decision No customizations (albetrdolar) from the oil-producing provinces during this year",
Stating that "the Federal Government will keep a tidy sums outstanding to calculate the four dollars per barrel, in other words that Basra will get five dollars per barrel, but spent most of that money will be deferred."
Nasraoui said that "the Federal Government has pledged to issue bonds of bank guarantee to Basra in the next year 2015 amounts charged four dollars per barrel to balance the year 2014", adding that "the local Government has had to make adjustments to its plan for this year because the plan is designed to maintain a balancing act will be determined on the basis of five dollars for each barrel, so the focus will be on projects necessary for sectors including roads, bridges, electricity, sewage, including Construction of a new bridge over the Shatt Al-Basra and the rehabilitation of the rivers branching from the Shatt al-Arab towards the Centre of the province. "
In turn, the Governor's Adviser for financial affairs Tareq Muhsin during the Conference that Basra has disposition assumes the Federal Government during the remainder of the year, an amount of $ 1 trillion and 43 billion dinars were determined on the basis of one dollar per barrel, as well as $ 406 billion dinars a share of Basra provincial and territorial development budget, "he said, adding that" the total amount of Basra would be the limits of trillion and 449 billion dinars ".
Basra Governor threatened Majid Nasraoui in (17 December 2013) organized sit-ins and protests surge, and then shut down oil exports unless you get five dollars for Basra each barrel instead of $ 1, said at the time that "Basra needs large sums because their infrastructure destroyed and the environment polluted by the oil industry, also lost most of its territory as conservation land, oil cannot be used in any other area", but after a severe deficit in the public budget of the local government have accepted it Accepted without a budget based on $ 1 per barrel to keep other amounts relating to four dollars owed the Federal Government.
The local Government has declared in Basra late last year about the formulation of the plan projects the year 2014 on the basis of the $ 14 trillion dinars, divided into two, as expected for the current year to around 7 trillion dinars, but recent developments have made it possible, which means essentially cancelled or postponed implementation of some of the draft plan, which includes 14 strategic project, including building 50,000 housing units, and the construction of coastal thermal power 3000 MW at medical city And create a quick stretch for dozens of Yearbook kilometers.
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November 12, 2014 5: 16 pm
2014-Nov-12-54636bbaf2f92.jpg
Local government in Basra, Wednesday, the Mayor is scheduled to receive over the next few weeks to offset a trillion billion dinars, of which 449 trillion and 43 billion arising from granting $ 1 for each barrel of oil product in their fields.
The Governor of Basra, said Majid Nasraoui told a press conference in his Office that "Basra was to get five dollars for each barrel of oil product in their fields, but as a result of the severe budget deficit had painstakingly maintained the decision to divert $ 1 for each barrel of oil, so the Cabinet except the Mayor of decision No customizations (albetrdolar) from the oil-producing provinces during this year",
Stating that "the Federal Government will keep a tidy sums outstanding to calculate the four dollars per barrel, in other words that Basra will get five dollars per barrel, but spent most of that money will be deferred."
Nasraoui said that "the Federal Government has pledged to issue bonds of bank guarantee to Basra in the next year 2015 amounts charged four dollars per barrel to balance the year 2014", adding that "the local Government has had to make adjustments to its plan for this year because the plan is designed to maintain a balancing act will be determined on the basis of five dollars for each barrel, so the focus will be on projects necessary for sectors including roads, bridges, electricity, sewage, including Construction of a new bridge over the Shatt Al-Basra and the rehabilitation of the rivers branching from the Shatt al-Arab towards the Centre of the province. "
In turn, the Governor's Adviser for financial affairs Tareq Muhsin during the Conference that Basra has disposition assumes the Federal Government during the remainder of the year, an amount of $ 1 trillion and 43 billion dinars were determined on the basis of one dollar per barrel, as well as $ 406 billion dinars a share of Basra provincial and territorial development budget, "he said, adding that" the total amount of Basra would be the limits of trillion and 449 billion dinars ".
Basra Governor threatened Majid Nasraoui in (17 December 2013) organized sit-ins and protests surge, and then shut down oil exports unless you get five dollars for Basra each barrel instead of $ 1, said at the time that "Basra needs large sums because their infrastructure destroyed and the environment polluted by the oil industry, also lost most of its territory as conservation land, oil cannot be used in any other area", but after a severe deficit in the public budget of the local government have accepted it Accepted without a budget based on $ 1 per barrel to keep other amounts relating to four dollars owed the Federal Government.
The local Government has declared in Basra late last year about the formulation of the plan projects the year 2014 on the basis of the $ 14 trillion dinars, divided into two, as expected for the current year to around 7 trillion dinars, but recent developments have made it possible, which means essentially cancelled or postponed implementation of some of the draft plan, which includes 14 strategic project, including building 50,000 housing units, and the construction of coastal thermal power 3000 MW at medical city And create a quick stretch for dozens of Yearbook kilometers.
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