5/9/2015
Student Babil province Council, on Saturday, the Council of Ministers to expedite the issuance of the contract in a way payment on credit mechanisms, and pointed out that "delete" a series of projects valued at more than 560 billion dinars to complete the project streams of Hilla, the Great, as he emphasized that the economic situation with the country's It influenced the reconstruction and construction projects in the province.
The Committee ages in the provincial council head Ahmed Ahlgrebawi in an interview to the (long-Presse), said that "the province of Babylon Council demanded the Prime Minister to expedite the issuance of the special contract and mechanisms of exchange and instructions attached to the implementation of the budget for 2015, which provided for the construction work in a manner on credit mechanisms".
Ahlgrebawi He added that "government austerity crisis affected the construction, projects and ages in a movement in the province led to the suspension of dozens of them," pointing out that "the Council decided earlier adoption construction method Order forward."
Ahlgrebawi He continued that "the province of Babylon Council began the process of deleting a set of projects worth more than 560 billion dinars to complete the project streams Hilla great and implementation of the first phase of the streams and the Hashemite denominator and Midhtah", noting that "the doors of the province will be open to everyone and preference will be for global companies discreet. "
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
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