Sunday, August 23, 2015 12:57
BAGHDAD / Baghdadi News / .. proposed to the Ministry of Planning, Sunday, canceled 296 projects at a cost of more than 10 trillion dinars, in addition to reducing the ongoing projects commissioned and to postpone the 2169 project cost more than 36 trillion dinars, attributed it to the economic crisis experienced by the country.
He said ministry spokesman Abdul Zahra al-Hindawi told a news statement received / Baghdadi News / copy of "The ministry has taken significant actions sentence under the financial conditions experienced by Iraq."
"The ministry has secured the amount of two billion dinars to pay dues Contractors ongoing projects in coordination with the ministries and departments not associated with the Ministry and the provinces for the purpose of knowledge amounts payable obligations to contractors for work completed Dhirat or any other obligations."
And that "a number of ongoing projects until the middle of this year amounted to 6082 ongoing projects, divided by 2577 projects economic sectors, which agricultural include 188 projects, and industrial 381, Transport and Communications 332 projects, buildings and services in 1232 a project, Education 444 projects and there are 3505 projects within the program development of the regions except for the Kurdistan region, "noting that" the cost of these projects amounted to approximately 280 trillion dinars. "
Abdul-Zahra and pointed out that "the ministry proposed the deletion of 296 projects at a cost of 10 trillion and 652 billion dinars, as projects are not a priority at the current stage, also proposed a reduction of ongoing projects commissioned by a trillion and 471 billion dinars."
"The ministry also discussed the possibility of postponing the 2169 project at a cost of 36 trillion and 720 billion dinars," pointing out that "the total amount reduced by the deletion of the postponement of projects will reach 48 trillion and 870 billion dinars, representing 29.5 per cent of the total cost of ongoing projects." .
He pointed out that "the priority of execution was given to projects with advanced ratios in achievement, taking into account the amount of contractual obligations with secure these commitments by the state budget, to take advantage of the nearby verification outputs," explaining that "the rest of the projects are handled by looking at the size of the amounts required to complete, and the possibility of converting the project to the investment opportunity and on this basis is determining the appropriate funding formula.
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