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Dhi Qar, Muthanna declare bankruptcy after a local official warns of serious repercussions
4/12/2015
Nasiriyah, Dhi Qar province
A member of the Council of the province of Dhi Qar inside satisfied bankrupt financially conservative this year against the backdrop of clear deficit in the budget allocated to them in 2015 and in the light of the debt of the province edema, amounting to more than 700 billion dinars for companies operating.
Radi said in a statement to Radio tow that the province pass a very difficult conditions after the end of the procedure daily decades in government
departments as well as project contracts, which foretells serious repercussions on Nazareth Street, calling on the local government legislative and executive, both to take a serious stand and be honest with people of the province in the future service and deteriorating economic one who Qar.
He announced satisfied with his quest for a third of the signatures of all members of the council as a prelude to an emergency meeting in order to discuss the current crisis to maintain and take a stand against what is going through the harsh conditions.
He predicted Radi escalating the current crisis in conjunction with the decision to raise the wages of electricity, said that the province with the legalization of excess consumption of electrical energy process is that it must be kept prestige of the state and the dignity of the citizens in the light of the economic situation deteriorating in a way, pointing out that the consequences of this decision will be serious and hoping not to overshadow the province through down to the street.
It is said that the province of Muthanna was the other had announced on the lips of Governor Ibrahim Mayali on 29 March for bankruptcy and its inability to pay dues that Bzmtha for contracting companies, amounting to 25 billion dinars
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