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Claims the implementation of projects on credit until the completion of austerity
01/03/2015
BAGHDAD / JD / .. after the implementation of the austerity policy in the 2015 budget, which included the pressure on the investment and operational costs and to postpone the implementation of some service projects and investment, a number of experts and MPs specialists in financial and economic affairs called for the implementation of service projects in a manner of payment on credit until the end of fiscal austerity which passes by the country as a result of the decline in world oil prices, while the reasons behind the decline attributed the fact the service in the country to poor planning in the preparation of the annual budgets of the state.
He says economist Ali al-Shammari, told / BD /: the implementation of the austerity policy by clicking on the financial expenses of the budget that does not mean that the state will depend on the implementation of the service and the necessary citizen projects, but it has to Tltgo solutions for how to implement these projects either borrow money or contracting with companies to implement projects in a manner of payment on credit.
And Al-Shammari said that there are international companies expressed their willingness in the period prior to the implementation of strategic projects in various sectors on credit, but the government had not given consent and resorted to direct payment, which was the reason for the spread of financial and administrative corruption and delay the implementation of projects.
He added: payment on credit will spur companies to work and makes projects are implemented according to the agreed specifications, as well as according to the set time is up, because otherwise the company will not receive their money, but Stgrm because it is a breach of the contract.
As a member of the Committee on Economy and Investment Parliament MP Nora Salem has confirmed that the government continues to implement some of the projects on credit the fact that the budget included it, but there Infrastructure Act, which is one of the important laws if enacted will contribute to the implementation of many service projects, but the political differences between the blocks prevented without approval in the previous two sessions of the House of Representatives.
She noted in her speech to the Agency / BD / that infrastructure law has been second reading in the previous session of the House of Representatives and may be displayed in the current parliamentary session after conducted by some of the amendments to be discussed and voted upon, adding that the service ministries that specialize have sufficient funds to implement the planned projects in this year that it Tltgo to pay on credit way through contracting with companies sober for the implementation of projects would you give the condition after three years in the form of stages, until the completion of the cash going out of the country at the present time the crisis.
For its part, said in a parliamentary finance committee member of the olive-Dulaimi said the implementation of infrastructure projects in a manner Bedwir payment on credit will contribute to the economy and the implementation of projects without pressure on the state to suffer austerity budget.
She said the infrastructure law Hute current year budget to ensure repayment grace period for investment companies, three years after the conclusion of the contracts, noting that the size of the amounts allocated to the implementation of urgent projects to exceed five billion dollars.
She noted that the payment on credit in the implementation of the projects will help to create and contribute in the conduct of economic activity without fully stop under falling oil prices and affected the treasury of the country to the lack of financial imports, noting that that the way in paying money projects will reduce the financial corruption and speed up the delivery of services citizen.
She said he was supposed to pass the infrastructure law in the previous session and $ 37 billion, but the political wills are hindered and prevented him.
Referred to the new trends of the government moving toward supporting the private sector and make it a key partner in the construction process, as some ministries signed contracts with Japanese, American and Chinese companies and an Iranian in the implementatio
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01/03/2015
BAGHDAD / JD / .. after the implementation of the austerity policy in the 2015 budget, which included the pressure on the investment and operational costs and to postpone the implementation of some service projects and investment, a number of experts and MPs specialists in financial and economic affairs called for the implementation of service projects in a manner of payment on credit until the end of fiscal austerity which passes by the country as a result of the decline in world oil prices, while the reasons behind the decline attributed the fact the service in the country to poor planning in the preparation of the annual budgets of the state.
He says economist Ali al-Shammari, told / BD /: the implementation of the austerity policy by clicking on the financial expenses of the budget that does not mean that the state will depend on the implementation of the service and the necessary citizen projects, but it has to Tltgo solutions for how to implement these projects either borrow money or contracting with companies to implement projects in a manner of payment on credit.
And Al-Shammari said that there are international companies expressed their willingness in the period prior to the implementation of strategic projects in various sectors on credit, but the government had not given consent and resorted to direct payment, which was the reason for the spread of financial and administrative corruption and delay the implementation of projects.
He added: payment on credit will spur companies to work and makes projects are implemented according to the agreed specifications, as well as according to the set time is up, because otherwise the company will not receive their money, but Stgrm because it is a breach of the contract.
As a member of the Committee on Economy and Investment Parliament MP Nora Salem has confirmed that the government continues to implement some of the projects on credit the fact that the budget included it, but there Infrastructure Act, which is one of the important laws if enacted will contribute to the implementation of many service projects, but the political differences between the blocks prevented without approval in the previous two sessions of the House of Representatives.
She noted in her speech to the Agency / BD / that infrastructure law has been second reading in the previous session of the House of Representatives and may be displayed in the current parliamentary session after conducted by some of the amendments to be discussed and voted upon, adding that the service ministries that specialize have sufficient funds to implement the planned projects in this year that it Tltgo to pay on credit way through contracting with companies sober for the implementation of projects would you give the condition after three years in the form of stages, until the completion of the cash going out of the country at the present time the crisis.
For its part, said in a parliamentary finance committee member of the olive-Dulaimi said the implementation of infrastructure projects in a manner Bedwir payment on credit will contribute to the economy and the implementation of projects without pressure on the state to suffer austerity budget.
She said the infrastructure law Hute current year budget to ensure repayment grace period for investment companies, three years after the conclusion of the contracts, noting that the size of the amounts allocated to the implementation of urgent projects to exceed five billion dollars.
She noted that the payment on credit in the implementation of the projects will help to create and contribute in the conduct of economic activity without fully stop under falling oil prices and affected the treasury of the country to the lack of financial imports, noting that that the way in paying money projects will reduce the financial corruption and speed up the delivery of services citizen.
She said he was supposed to pass the infrastructure law in the previous session and $ 37 billion, but the political wills are hindered and prevented him.
Referred to the new trends of the government moving toward supporting the private sector and make it a key partner in the construction process, as some ministries signed contracts with Japanese, American and Chinese companies and an Iranian in the implementatio
[You must be registered and logged in to see this link.]
