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Parliamentary Finance: No deduction for payment on credit projects only after the arrival of 2016 budget
10/10/2015 17:58
Tomorrow Press / Baghdad: the parliamentary finance committee, made it clear Saturday that the resolution of payment projects files on credit depends on the arrival of the budget year 2016 to the parliament, expected that the projects are limited Order term on specific pieces. The Committee Rapporteur Ahmed Hama Rasheed for "tomorrow's Press," The "The Committee reviewed the ministries that want to pay their projects towards the payment system on credit has referred those projects to a sub-committee of the Finance Committee for study," noting that "the Commission has concluded that it can not decide these projects unless they come in 2016 year's budget." He said Rashid, "So far there is no specific and clear mechanisms to convert the projects submitted by the ministries to the payment on credit system," pointing out that "the payment system on credit Rated over the possibility of the state to carry that debt over the coming years and how to divide it, and this is done by studying the budget year in 2016, an exceptional due to lower global oil prices. "He predicted that" go payment projects on credit to specific projects as projects of water, housing and health because of the urgent need at the present time can not be delayed to other years. "The Ministries of Housing and Construction and public municipalities, health and education, may It announced the existence of possible projects covered and executed via payment on credit system.
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