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Fear of the political difficulty of paying interest on loans, the law of the infrastructure
On: Sat 1/28/2012 8:37
□ Baghdad / term
Commission said the economy and investment parliamentary There are fears that a political mechanism for payment of financial benefits arising from Iraq after borrowing $ 37.5 billion under the law of the infrastructure (payment on credit), indicating that the fear can be Ttminh in the event to obtain assurances from the Ministry of Oil to increase production rate during the past the next.
A member of the Salman al-Moussawi, according to (Rn), the current political crisis and the suspension of members of the Iraqi List, their presence in the House of Representatives last discussions of the law of the infrastructure, "noting that" there is fear politically afford future generations the consequences of large are paying interest rates of financial loans " .
Moussawi said that "fear can be assured of the Oil Ministry to increase production rate in the coming years, in addition to halving the proportion of the investment budget, operational and conversion rate to meet the reduction rate of profit per year."
He said al-Moussawi said the law of the infrastructure than speed up completion of projects large service that require large sums of money, "adding that" the Ministry of Education, for example, with the provincial council was able to build a thousand schools in the past years in Iraq in need of five thousand school can not be done only by relying on the law the infrastructure. "The House of Representatives has reopened in August last bill to the government, after he objected to the project value of $ 70 billion, forcing the government to reduce it to 37.5 billion dollars.
The House defeated during its previous session, a bill of infrastructure made by the then government to grant investment companies large infrastructure projects worth $ 70 billion in a deferred payment, when many countries of the industrialized world is undergoing a lot of money.
Under the draft law on the implementation of new infrastructure, particularly foreign companies, including Korean infrastructure projects, such as schools, hospitals, water projects, payment method credit.
Iraq has suffered crumbling infrastructure sectors in the overall result of long years of siege and war during the last two decades of the last century.
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On: Sat 1/28/2012 8:37
□ Baghdad / term
Commission said the economy and investment parliamentary There are fears that a political mechanism for payment of financial benefits arising from Iraq after borrowing $ 37.5 billion under the law of the infrastructure (payment on credit), indicating that the fear can be Ttminh in the event to obtain assurances from the Ministry of Oil to increase production rate during the past the next.
A member of the Salman al-Moussawi, according to (Rn), the current political crisis and the suspension of members of the Iraqi List, their presence in the House of Representatives last discussions of the law of the infrastructure, "noting that" there is fear politically afford future generations the consequences of large are paying interest rates of financial loans " .
Moussawi said that "fear can be assured of the Oil Ministry to increase production rate in the coming years, in addition to halving the proportion of the investment budget, operational and conversion rate to meet the reduction rate of profit per year."
He said al-Moussawi said the law of the infrastructure than speed up completion of projects large service that require large sums of money, "adding that" the Ministry of Education, for example, with the provincial council was able to build a thousand schools in the past years in Iraq in need of five thousand school can not be done only by relying on the law the infrastructure. "The House of Representatives has reopened in August last bill to the government, after he objected to the project value of $ 70 billion, forcing the government to reduce it to 37.5 billion dollars.
The House defeated during its previous session, a bill of infrastructure made by the then government to grant investment companies large infrastructure projects worth $ 70 billion in a deferred payment, when many countries of the industrialized world is undergoing a lot of money.
Under the draft law on the implementation of new infrastructure, particularly foreign companies, including Korean infrastructure projects, such as schools, hospitals, water projects, payment method credit.
Iraq has suffered crumbling infrastructure sectors in the overall result of long years of siege and war during the last two decades of the last century.
[You must be registered and logged in to see this link.]
