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Minister of Municipalities calls to open the door to foreign investment giant building projects
The Minister of Municipalities and Public Works Abdul Karim Younis al-Ansari, on Saturday, and a large deficit in the operating budget and capital budget, and as pointed out that the country needs to project "a giant," pointed out that the ministry had approached some foreign countries for the implementation of some projects. Abdel Karim said Yunus Ansari, in an interview to the (long-Presse), said that "a large budget deficit, although the operating budget and capital budget and through this budget is inadequate," noting that "the budget did not intervene in the Ministry's budget." He Ansari on the need for an "open gate for the entry of investors," noting that "there is a newly with China, Germany and France, in the implementation of some projects on waste recycling in Iraq and the use of gas for use in cooking gas for 2015". He said al-Ansari said: "There were not what the budget can not begin investment projects," pointing out that "the country needs to giant projects and there are serious thought to find projects through payment on credit or investment." The Finance Minister Hoshyar Zebari likely, in, (15 December 2014), to provide the general budget of the Council of Ministers this week, noting that it has developed on the basis of $ 70 per barrel of oil.
The Parliamentary Finance Committee has revealed, in (14 December 2014),
about the government's efforts to address the budget deficit because of falling global oil prices through a series of austerity measures that would provide at least $ 13 billion, the Commission predicted that the government resorted to dispose of 50 percent of the Rafidain and Rasheed reserves, as well as borrowing from the balance of the commercial bank and fund minors, as the Commission suggested that includes austerity "luxury expenses sovereign" which said it accounts for 10 percent of the country's budget.
It is noteworthy that the Prime Minister, Haider al-Abadi, revealed in (the twentieth of last October), during a press conference following a meeting with religious Shiite, Ali al-Sistani, in Najaf, and attended, (long-Presse), to discuss the Council of Ministers on the balance three times, and that the Council will prepare a budget in which a military spending as a fait accompli, noting that the budget in 2015, will be based on the 2014 current budget, due to the presence of the same problems, of oil from Kirkuk and stopped completely, as well as lower world prices, and expectations about to fall over, that's the Cabinet decided austerity.
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The Minister of Municipalities and Public Works Abdul Karim Younis al-Ansari, on Saturday, and a large deficit in the operating budget and capital budget, and as pointed out that the country needs to project "a giant," pointed out that the ministry had approached some foreign countries for the implementation of some projects. Abdel Karim said Yunus Ansari, in an interview to the (long-Presse), said that "a large budget deficit, although the operating budget and capital budget and through this budget is inadequate," noting that "the budget did not intervene in the Ministry's budget." He Ansari on the need for an "open gate for the entry of investors," noting that "there is a newly with China, Germany and France, in the implementation of some projects on waste recycling in Iraq and the use of gas for use in cooking gas for 2015". He said al-Ansari said: "There were not what the budget can not begin investment projects," pointing out that "the country needs to giant projects and there are serious thought to find projects through payment on credit or investment." The Finance Minister Hoshyar Zebari likely, in, (15 December 2014), to provide the general budget of the Council of Ministers this week, noting that it has developed on the basis of $ 70 per barrel of oil.
The Parliamentary Finance Committee has revealed, in (14 December 2014),
about the government's efforts to address the budget deficit because of falling global oil prices through a series of austerity measures that would provide at least $ 13 billion, the Commission predicted that the government resorted to dispose of 50 percent of the Rafidain and Rasheed reserves, as well as borrowing from the balance of the commercial bank and fund minors, as the Commission suggested that includes austerity "luxury expenses sovereign" which said it accounts for 10 percent of the country's budget.
It is noteworthy that the Prime Minister, Haider al-Abadi, revealed in (the twentieth of last October), during a press conference following a meeting with religious Shiite, Ali al-Sistani, in Najaf, and attended, (long-Presse), to discuss the Council of Ministers on the balance three times, and that the Council will prepare a budget in which a military spending as a fait accompli, noting that the budget in 2015, will be based on the 2014 current budget, due to the presence of the same problems, of oil from Kirkuk and stopped completely, as well as lower world prices, and expectations about to fall over, that's the Cabinet decided austerity.
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