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DHI QAR: 2016 BUDGET DOES NOT INCLUDE ANY NEW PROJECTS
October 21, 2015
Dhi Qar / Center Brief for the Iraqi Media Network (IMN) - the governor of Dhi Qar Yahia Nasseri confirmed that the budget 2016 do not include any new projects and financial allocations received by the province from the federal budget will be directed to reorganize the financing of previous projects process, in coordination with the Ministry of Planning, is not available her real next year's budget.
He said Nazareth "will be stalled projects and new projects required by the current and the next phase through the payment system on credit financing," adding that "the financial allocations to balance the province and the federal budget for 2016 in general will be limited to the financing of projects that are under implementation and that have not Tndzbad".
He revealed the Nazarene for "meeting will be held between the administration of the province and the Ministry of Planning next week to discuss the mechanism of financing the stalled projects and new projects that you need to maintain within the current and future" Mhddaaly "stage need to adopt a payment system on credit for the resumption of work on the stalled project as a result of lack of funding."
He noted the Nazarene to "the existence of a large number of lagging ministerial projects in school buildings and projects of water resources sector." However, he noted that "the number of projects that are under implementation in Dhi Qar province, 444 projects spread over 22 sectors Khaddmaa and developmentally and is currently parked as a result of lack of funding."
The Ministry of Finance has announced in mid-September to provide public financial budget for next year to the Cabinet while confirming that the formulation has been lowering overhead and struggling waste in state revenues and diversify sources of national income.
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October 21, 2015
Dhi Qar / Center Brief for the Iraqi Media Network (IMN) - the governor of Dhi Qar Yahia Nasseri confirmed that the budget 2016 do not include any new projects and financial allocations received by the province from the federal budget will be directed to reorganize the financing of previous projects process, in coordination with the Ministry of Planning, is not available her real next year's budget.
He said Nazareth "will be stalled projects and new projects required by the current and the next phase through the payment system on credit financing," adding that "the financial allocations to balance the province and the federal budget for 2016 in general will be limited to the financing of projects that are under implementation and that have not Tndzbad".
He revealed the Nazarene for "meeting will be held between the administration of the province and the Ministry of Planning next week to discuss the mechanism of financing the stalled projects and new projects that you need to maintain within the current and future" Mhddaaly "stage need to adopt a payment system on credit for the resumption of work on the stalled project as a result of lack of funding."
He noted the Nazarene to "the existence of a large number of lagging ministerial projects in school buildings and projects of water resources sector." However, he noted that "the number of projects that are under implementation in Dhi Qar province, 444 projects spread over 22 sectors Khaddmaa and developmentally and is currently parked as a result of lack of funding."
The Ministry of Finance has announced in mid-September to provide public financial budget for next year to the Cabinet while confirming that the formulation has been lowering overhead and struggling waste in state revenues and diversify sources of national income.
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