Parliamentary Economy, Confirm That the Desire to Pass Infrastructure Projects Within the Federal Budget
|February 23, 2012||Filled under Iraq Daily News|
Baghdad, (Rn) – A committee of economy and investment representative, Wednesday, about not wanting the most of the political parties to pass a paragraph within the budget for 2012 sets the allocation of $ 18 trillion dinars for infrastructure projects to pay on credit, indicating that Iraq has a multitude of Mali can use it to finance these the projects.
The former House refused to pass a bill of infrastructure made by the government of 70 billion dollars for political motives.
It conducts economic and financial discussions in the House of Representatives on resolving the paragraph concerning the implementation of infrastructure projects are still under study.
It is hoped that the exposure of the federal budget next Monday to vote in the House of Representatives, but some of the parties so as to exclude the presence of many of the points of contention.
Committee Chairman Ahmed al-Alwani told the Kurdish news agency (Rn), “There is a reluctance to pass the paragraph in the federal budget, which includes the allocation of $18 trillion dinars for the implementation of infrastructure projects to pay on credit,” noting that “the lack of desire comes from the belief that these projects Stkpl subsequent governments significant financial debt. ”
Alwani said that “Iraq has accumulated abundant financial year and can be used to implement projects and payment method but not on credit,” adding that “his committee did not encourage such projects.”
The amount allocated for infrastructure projects to pass a new gateway projects, payment on credit, the Government intends to implement a bill through the infrastructure which was ratified earlier, a value of $ 37.5 billion and referred to the House of Representatives, but suffers from problems in the approval.
Under the draft law on the implementation of new infrastructure, particularly foreign companies, including Korean infrastructure projects, such as schools, hospitals, water projects, method of payment on credit.
Iraq has suffered from dilapidated infrastructure sectors in the overall result of long years of siege and war during the last two decades of the last century.
Despite the passage of eight years to overthrow the former Iraqi regime, the Iraqi government could not provide basic public services for citizens, which often protesting the lack of it.
The Iraqi government says that the financial allocations within the annual budgets of the country is able alone to promote infrastructure projects that require large sums of money.
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