Home
Stop reconstruction projects that did not reach the proportions completed 50%
07/05/2015
Karbala
The Minister of Housing and Reconstruction Tariq Kikhany, on Wednesday, stopping all projects of the ministry, which did not reach the proportions of completion to 50%, and pointed out that the ministry received financial loans amounted to $ 860 million allocated for housing and rehabilitation of international routes, with the resumption of the distribution of the housing fund loans confirmed through the coming days.
The Minister of Housing and Reconstruction Tariq Kikhany in an interview to the (long-Presse), "The financial crisis has affected our ministry dramatically and we will stop projects that did not reach the proportions of completion to 50% and continue to work including this ratio exceeded and as planned."
He added Kikhany that "the ministry It has a loan from the World Bank of $ 355 million dedicated to the development and rehabilitation of the rapid key between Baghdad and Basra road, through a contract with foreign companies for the completion of this project, "noting that" the amount of $ 255 million provided us a loan from the IDB allocated for the development and rehabilitation of the road link between Iraq, Syria and Turkey. "
He pointed Kikhany that "the Japanese loan to the central government of two billion dollars, the ministry share from $ 250 million Sn_khassa projects housing", pointing out that "the housing fund will resume in the coming days, the distribution of payments overdue loans since 2014".
Minister of Housing and Construction said that "there are instructions issued with the exception of journalists and the completion of giving them housing loans faster transactions and not subjected to the timing and table applicable Housing Fund."
The Iraqi cabinet decided on Tuesday, lending 100 billion dinars Housing Fund, and the approval of the Ministry of Human Rights officially responded to the report by Amnesty International and Human Rights Watch, while officially apologized for hosting the Islamic cities conference in Iraq.
It is noteworthy that Iraq is facing a deepening financial crisis, as a result of the decline in world oil prices nearly 60 percent compared to last summer, and the repercussions of the war against (Daash).
The House of Representatives has passed in, (the 29th of January 2015), the current year's budget in the amount of 119 trillion dinars, the equivalent of $ 117 billion, and a deficit of around 25 trillion dinars, or nearly 23 billion dollars.
[You must be registered and logged in to see this link.]
07/05/2015
Karbala
The Minister of Housing and Reconstruction Tariq Kikhany, on Wednesday, stopping all projects of the ministry, which did not reach the proportions of completion to 50%, and pointed out that the ministry received financial loans amounted to $ 860 million allocated for housing and rehabilitation of international routes, with the resumption of the distribution of the housing fund loans confirmed through the coming days.
The Minister of Housing and Reconstruction Tariq Kikhany in an interview to the (long-Presse), "The financial crisis has affected our ministry dramatically and we will stop projects that did not reach the proportions of completion to 50% and continue to work including this ratio exceeded and as planned."
He added Kikhany that "the ministry It has a loan from the World Bank of $ 355 million dedicated to the development and rehabilitation of the rapid key between Baghdad and Basra road, through a contract with foreign companies for the completion of this project, "noting that" the amount of $ 255 million provided us a loan from the IDB allocated for the development and rehabilitation of the road link between Iraq, Syria and Turkey. "
He pointed Kikhany that "the Japanese loan to the central government of two billion dollars, the ministry share from $ 250 million Sn_khassa projects housing", pointing out that "the housing fund will resume in the coming days, the distribution of payments overdue loans since 2014".
Minister of Housing and Construction said that "there are instructions issued with the exception of journalists and the completion of giving them housing loans faster transactions and not subjected to the timing and table applicable Housing Fund."
The Iraqi cabinet decided on Tuesday, lending 100 billion dinars Housing Fund, and the approval of the Ministry of Human Rights officially responded to the report by Amnesty International and Human Rights Watch, while officially apologized for hosting the Islamic cities conference in Iraq.
It is noteworthy that Iraq is facing a deepening financial crisis, as a result of the decline in world oil prices nearly 60 percent compared to last summer, and the repercussions of the war against (Daash).
The House of Representatives has passed in, (the 29th of January 2015), the current year's budget in the amount of 119 trillion dinars, the equivalent of $ 117 billion, and a deficit of around 25 trillion dinars, or nearly 23 billion dollars.
[You must be registered and logged in to see this link.]
