SUNDAY, MARCH 25 / MARCH 2012 10:30
Twilight News / detection Iraqi Federation of Industries, Sunday, for a visa for "economic losses" through the allocation of government for the sum of one billion dollars to the Arab Summit to be held this weekend in Baghdad, and gave the phrase the doors to spend the said amount, which promise more than the need of the Iraqi economy.
The head of the Iraqi Federation of Industries firm Atraqchi for "Twilight News", "expenditures government in preparation for the Arab summit conference approached billion dollars, while the economic benefit Almertjah of which may not worth to lose Iraq every day, in addition to the loss at the economic level due to disruption for a period of 10 or 15 days. "
It is scheduled to hold the Arab summit in the Iraqi capital of Baghdad in the 29 of March, to be preceded by two days a meeting of Arab ministers of economy and one day meeting of Arab foreign ministers.
He Atraqchi "It was possible to import two power plants in this amount, each station generates 1000 megawatts, can supplement the system of exploitation of electricity or running coefficient of the private sector."
"And it was also possible to use one billion dollars to eliminate the fuel crisis in the country through the ranks of small import 10 from South Korea each refinery costing $ 30 million, and the oil filter is very high, and is ready for installation and work very quickly."
"The biggest losers will be people with limited income who rely on their daily, because the process of diverting them to their income without any financial returns, as a result of the disruption of daily life."
The leader of the Supreme Council, the National Alliance MP Mohammed Allkash detection, earlier, that one of the Arab heads of state of African required to attend the Arab Summit to be held in Baghdad, across the plane at the expense of Iraq, and that the Iraqi government has agreed on that, as stressed member Parliamentary Finance Committee Hassan Auzmn that his committee will check all the expenses of the summit after the completion of the contract.
According to parliamentary sources that Iraq had spent more than a billion and a quarter billion dollars during 2011 and 2012 in preparation for the Arab summit.
These amounts were distributed on the maintenance of the main hotels and the streets near the venue of the meeting of Arab leaders in the Green Zone, the center of the capital.
The member of the parliamentary Finance Committee Faleh applicable, that the financial allocations for the summit entrusted to each of the Baghdad Municipality and the Ministry of Foreign Affairs.
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