Home
Basra calling for an increase to 3% of the petro-dollar allocations
18/12/2011 - 20:36 | Hits: 8
________________________________________
Baghdad / justice
New provincial council in Basra on Saturday, demanding an increase of financial appropriations from the petro-dollar project to (3%) to ensure the provision of better services to the citizens of the province, according to an official source in the Council.
A member of the provincial council in Basra, Ali Hussein, in a press statement that "the claim to the ceiling rate of the petro-dollar project allocations come to the inadequacy of the amounts allocated to the province because of the large scale of the devastation suffered by the province since the previous decades." He pointed out that "the proportion (3%) would be a fair rate for the sons of Basra to provide what they need from service projects and construction", alluding to the need to "lack of determinants in time for the implementation of special projects in petro-dollars, as the approval of large projects require a long time to develop statements and approved in determine if implementation will lead to specific times in the random selection of projects. " Reached the overall financial allocations received by the province of Basra from the petro-dollar project and regional development projects for the current year trillion and 676 billion dinars. For his part, said an official of the Economic Development Committee in the provincial council, Mahmoud Almksusi that "Basra province, with many economic and strategic industries, which requires providing great fit for their betterment in the economic." And demanded the Ministry of Planning and Finance for the allocation of funds belonging to the province of the draft petrodollars soon and there is an authentication quick projects provided by local government in order to ensure the allocation of these funds in projects with the feasibility true. "The Congress approved the former Iraqi (01/26/2010) majority , the 2010 budget, and according to Article 42 of the budget law has been allocated 5% of the total revenue actually border crossing points (land, air and ports) with the exception of sovereign revenues, to offset the border provinces, was also decided to transfer the amount of one dollar for each barrel of crude oil producer in the province, and every barrel of crude oil refined in refineries, and for each 150 cubic meters of natural gas that is produced.
________________________________________
[You must be registered and logged in to see this link.]
18/12/2011 - 20:36 | Hits: 8
________________________________________
Baghdad / justice
New provincial council in Basra on Saturday, demanding an increase of financial appropriations from the petro-dollar project to (3%) to ensure the provision of better services to the citizens of the province, according to an official source in the Council.
A member of the provincial council in Basra, Ali Hussein, in a press statement that "the claim to the ceiling rate of the petro-dollar project allocations come to the inadequacy of the amounts allocated to the province because of the large scale of the devastation suffered by the province since the previous decades." He pointed out that "the proportion (3%) would be a fair rate for the sons of Basra to provide what they need from service projects and construction", alluding to the need to "lack of determinants in time for the implementation of special projects in petro-dollars, as the approval of large projects require a long time to develop statements and approved in determine if implementation will lead to specific times in the random selection of projects. " Reached the overall financial allocations received by the province of Basra from the petro-dollar project and regional development projects for the current year trillion and 676 billion dinars. For his part, said an official of the Economic Development Committee in the provincial council, Mahmoud Almksusi that "Basra province, with many economic and strategic industries, which requires providing great fit for their betterment in the economic." And demanded the Ministry of Planning and Finance for the allocation of funds belonging to the province of the draft petrodollars soon and there is an authentication quick projects provided by local government in order to ensure the allocation of these funds in projects with the feasibility true. "The Congress approved the former Iraqi (01/26/2010) majority , the 2010 budget, and according to Article 42 of the budget law has been allocated 5% of the total revenue actually border crossing points (land, air and ports) with the exception of sovereign revenues, to offset the border provinces, was also decided to transfer the amount of one dollar for each barrel of crude oil producer in the province, and every barrel of crude oil refined in refineries, and for each 150 cubic meters of natural gas that is produced.
________________________________________
[You must be registered and logged in to see this link.]
