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Parliamentary Economic: the law allows payment on credit to pay dues after 3 years
BAGHDAD - Iraq Press - January 2: Economic Commission representative revealed, "The law, which contained 2015 budget on payment credit for infrastructure projects urgent worth five billion dollars to ensure a period of grace to make repayment of the investment companies, three years after the conclusion of contracts, noting the "The government, the will to pay the costs of infrastructure in accordance with the law on the specified period."
Said committee member Najiba Najib that "the government and in accordance with the law, you will receive requests from the provinces, including Kurdistan region for the implementation of infrastructure projects is an urgent manner of payment on credit worth does not exceed five billion dollars, that the federal government holds the Overture investment companies and conclude contracts with them to include the text of the start of reimbursement Finance three years after the conclusion of contracts. "
The agency Najib said the "asylum federal government to put the text of the law in the federal budget on infrastructure projects to pay on credit comes after a drop in oil prices and the lack of ability of the annual budget to cover the costs of implementing infrastructure projects." Admiral ended
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BAGHDAD - Iraq Press - January 2: Economic Commission representative revealed, "The law, which contained 2015 budget on payment credit for infrastructure projects urgent worth five billion dollars to ensure a period of grace to make repayment of the investment companies, three years after the conclusion of contracts, noting the "The government, the will to pay the costs of infrastructure in accordance with the law on the specified period."
Said committee member Najiba Najib that "the government and in accordance with the law, you will receive requests from the provinces, including Kurdistan region for the implementation of infrastructure projects is an urgent manner of payment on credit worth does not exceed five billion dollars, that the federal government holds the Overture investment companies and conclude contracts with them to include the text of the start of reimbursement Finance three years after the conclusion of contracts. "
The agency Najib said the "asylum federal government to put the text of the law in the federal budget on infrastructure projects to pay on credit comes after a drop in oil prices and the lack of ability of the annual budget to cover the costs of implementing infrastructure projects." Admiral ended
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