5/3/2015
Baghdad
Announced cell ministerial crisis, on Sunday, securing two billion dinars to pay a down payment of dues Contractors ongoing projects to sustain economic activities and ensure the completion, while the possibility of adopting another payment to them banking Kaldmanat or payment on credit or convert some of the projects to the investment ways, has decided to allocate 250 approved billion dinars to Basra, to examine the financing of other provinces, respectively.
This came during the second meeting of the crisis cell, which was held today, chaired by the prime minister, Haydar al-Abadi, and the presence of ministers of finance, oil, planning, and Governor of the Central Bank, Economic Advisor to the Prime Minister, and a number of advisers, according to a statement Information Office of the Prime Minister.
Bureau reported, that "the participants meeting discussed the achievements of procedures to implement the decisions taken by the crisis cell in the past month, which, especially in the field of securing the necessary funds to meet the obligations of ministries and departments not associated with the Ministry, and the provinces, toward entitlements Contractors ongoing projects to sustain economic activities and ensure completion."
The office confirmed that "the Committee of Ministers of the crisis cell has decided to secure two billion dinars to pay dues as a down payment, and commissioned by the Ministry of Planning and implementation in coordination with the Ministry of Finance," noting that "the meeting also resulted in the adoption of the possibility of adopting other payment methods in addition to the amount mentioned, to complete the payment of dues, including the guarantees offered by banks and contractors, or payment on credit, or convert some of the projects to the investment. "
He said the Information Office of the Prime Minister, that the "crisis cell also discussed the financial situation in the provinces, and affirmed keenness to finance their budgets," and that it "has decided to allocate 250 billion dinars for the province of Basra, that teaches the provincial finance successively in light of the continuing government revenues follow-up."
The statement, from the oil minister, confirmed that "oil production is witnessing a rise pace commensurate with what is planned, in light of the continuation of the ministry and international oil companies, the completion of the strategic and large-scale projects."
The head of the Council of Ministers, Haider al-Abadi, a student in (from 12 April 2015), the ministry crisis cell, the achievement of the planned increase in the rates of oil production and revitalize the various economic sectors.
The oil minister, Adel Abdul-Mahdi, said earlier Sunday that oil exports from Iraq during last April, amounted to 92 million and 800 thousand barrels, of which 78 million and 800 thousand barrels of southern ports, and 13 million 500 thousand barrels of Kurdistan and Kirkuk province , she returned to "break records" will look like "a modest achievement" in the near future, provided the cooperation of everyone to invest in their possession of the capacity of the country away from the "altercations and disruptions" mutual.
It is noteworthy that many of the provinces and ministries suffer "paralysis" of its projects as a result of the fiscal deficit suffered by the country, what the impact on services and increased unemployment and pressure on the government to find a replacement.
The Cabinet decided, in (the twentieth of January 2015), the formation of cell crisis, headed by the prime minister, Haydar al-Abadi, and the membership of the Ministers of Finance, oil and planning, as well as central bank governor and adviser economic head of government, to set priorities for the government and the doors of exchange and to reduce costs and increase financial resources , with the help of experts and specialists.
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