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"Tomorrow Press" published documents: compulsory savings includes staff who paid less for 500 000
2/23/15
Tomorrow Press / Baghdad: Baghdad Provincial Council, announced Monday that he will resort to the payment projects on credit after reducing the budget during the current financial year due to austerity measures.
The deputy chairman of the Council Faleh Mahmoud al-Qaisi for "tomorrow Press" that "many of the projects sponsored by the province of Baghdad stalled since 2014, especially service projects," adding that "this is reflected negatively on the reality of the capital and the citizen basically."
He added that "the province of Baghdad will resort to the system of payment on credit for the implementation of key projects," noting that "the proposal will be put to a vote within the Council to lift after the relevant authorities in the Government Center."
He called Qaisi the central government to "support payment system on credit by facilitating the task of entering these companies and the completion of procedures," explaining that "the most prominent projects that will be put up for payment on credit companies are sewers, water and sanitation, housing and hospitals."
The country suffers from a severe economic crisis following a drop in oil prices in recent months, which has led to a rise in the fiscal deficit of more than $ 45 billion, and the use of the austerity policy and the imposition of taxes on a number of consumer goods.
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