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Governor y Qar 2016 budget confirms the absence of new projects and funding are likely stalled futures Order
2015/10/19
Dhi Qar
The governor of Dhi Qar, Yahya Mohammed Baqir al-Nasseri, on Monday, that the budget of the province for the year 2016 does not include any new projects, and as pointed out that the financial allocations received by the province will be allocated for the reorganization of the financing of previous projects process, most likely the possibility of financing the stalled projects and new projects across the system payment on credit.
Said Yahya Mohammed Baqir al-Nassiri said in an interview to the (long-Presse), "It has become clear that the financial allocations to balance the province and the federal budget for 2016 is generally limited to the financing of projects that are under implementation and that have not yet been completed", noting that "the province of Dhi Qar not her available for next year's budget, but a real financial allocations will be for the reorganization of the former finance projects in coordination with the Ministry of Planning. "
He said the Nazarene, that "the administration of the province will meet with the Ministry of Planning next week to discuss the financing of the stalled projects and new projects that you need to maintain within the current and the next phase mechanism," likely "the possibility of implementing such projects in accordance with the payment on credit system."
He stressed the governor of Dhi Qar, the need to "adopt payment on credit system for the resumption of work on the stalled project as a result of lack of funding," pointing to "the existence of a large number of lagging in school buildings and projects of the water resources sector ministerial projects."
The number of projects that are under implementation in Dhi Qar province, 444 projects spread over 22 sectors Khaddmaa and developmentally It currently parked as a result of lack of funding.
The Iraqi Council of Ministers approved, on Sunday (October 18, 2015), the financial budget for the next year in 2016, with 113 trillion Iraqi dinars and a deficit of 30 trillion dinars.
It is noteworthy that the Ministry of Finance, announced in the (15 September 2015), for the provision of public financial budget for next year 2016, the Council of Ministers, while confirming that the formulation has been lowering overhead and struggling waste in state revenues and diversify sources of national income.
Dozens of contractors and business owners in the province of Dhi Qar, demonstrated on Wednesday (August 26, 2015), in front of the governorate building to demand regardless own 2013 projects financial dues, and as pointed out that allocated to finance preservation projects do not cover 10% of the dues Contractors only money, They threatened to sit in the event of failure to respond to their demands.
He was the governor of Dhi Qar, said on Sunday (June 14, 2015) that the project funds do not cover the debt owed to the companies and contractors, among the administration of the province will adopt the mechanism adopted by the recent Council of Ministers in the payment of those debts, according to the percentages achieved in the completion of projects, he stressed that financing projects and maintaining the plan adopted in this area require more than 800 billion dinars in general, and that what has been achieved at the present time of the stages of the work of these projects requires more than 115 billion dinars, and this debt due and payable to contractors.
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