Home
Implementation of projects for the current year's budget is subject to the ratification of the region
On: Fri 1/22/2012 8:51
Erbil / range
announced Secretary of the Council of Ministers of the Kurdistan region, that the delay approval of the general budget of the province for the current year would negatively affect the performance of the government, pointing out that starting the implementation of planned projects for the current year is subject to the ratification of the budget.
According to Mohammed Qirdaghi, that "not to refer any bill to the general budget in the region for the current year to the Parliament of Kurdistan came against the backdrop of delayed ratification of the budget for Iraq in 2012", pointing out that "as soon as the ratification of the Iraqi budget, it will refer the bill share of the region of that budget to the Parliament. "
He Qirdaghi that "delayed the ratification of the general budget of the province for the current year would negatively affect the performance of the government," noting that "starting the implementation of planned projects for the current year will be subject to the ratification of the general budget of the province with the exception of vital projects and pay the salaries of employees."
The share of the Kurdistan region of Iraq's total budget is 17% of public expenditure, including the sovereign.
In a related context the Minister of Trade and Industry in the Kurdistan Region, the number of foreign companies operating in the region of two hundred thousand and more than 700 companies, including Turkey. According to Sinan Chalabi that "the number of companies registered with the Ministry of Commerce and Industry in the region of more than 12 thousand companies, including one thousand two hundred foreign company," adding that "the number of Turkish companies operating in the region of 740 companies."
said Chalabi that "the amount of money retained in the territory by Turkish companies between 2009 and 2011 amounts to about $ 5 billion U.S., "pointing out that" the Ministry of Commerce is seeking to attract more institutional investors for further development in the region. "
The Real Estate Bank in Arbil, announced last Wednesday to stop granting loans property of the citizens until the ratification of the general budget of the province for the year two thousand and twelve.
The Director of the bank Bbaan Tahir told the channel Spedh space that the granting of advances to the property of the citizens stopped until the ratification of the budget in Baghdad this year two thousand and twelve indicating that the exception would include citizens who obtained half loan of ten million dinars will be given the remaining ten million dinars for the purpose of completing the building and residential units. And appealed to citizens covered by Taher exception for the reason referred to Review Bank of the drug to end their transactions according to the instructions and administrative regulations.
[You must be registered and logged in to see this link.]
