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Parliamentary investment: The government does not have the possibility of debt repayments to the private sector
He confirmed a member of the Committee on Economy and Investment Parliamentary Charter Hamidi on Tuesday that Iraq had previously agreed to what is known as investment and payment on credit but Sakpl federal budget is very high sums of money.
He said al-Hamidi said in an interview seen by "Economy News", that "the private sector is very cooperative and including contexts that have been developed for investment, but projects and reconstruction indeed brought the government into debt to the private sector high amounts of money, and the lack of liquidity and the financial crisis has made the state does not have the possibility to pay those debts and then it undermined the opportunities in taking more investment projects. "
She Hamidi, that "the Economics Committee approved many amendments to the domestic and foreign investment laws and that any breach of the provisions of those laws, Iraq resorts to domestic and foreign courts to ensure the right of the parties to go to spend, we have step housing loans to help the possibility of ownership of residential apartments by citizen, drawing attention to Iraq has taken many international loans for the purposes of industry, agriculture and housing projects but useless of those loans because of the bureaucratic and financial corruption. "
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He confirmed a member of the Committee on Economy and Investment Parliamentary Charter Hamidi on Tuesday that Iraq had previously agreed to what is known as investment and payment on credit but Sakpl federal budget is very high sums of money.
He said al-Hamidi said in an interview seen by "Economy News", that "the private sector is very cooperative and including contexts that have been developed for investment, but projects and reconstruction indeed brought the government into debt to the private sector high amounts of money, and the lack of liquidity and the financial crisis has made the state does not have the possibility to pay those debts and then it undermined the opportunities in taking more investment projects. "
She Hamidi, that "the Economics Committee approved many amendments to the domestic and foreign investment laws and that any breach of the provisions of those laws, Iraq resorts to domestic and foreign courts to ensure the right of the parties to go to spend, we have step housing loans to help the possibility of ownership of residential apartments by citizen, drawing attention to Iraq has taken many international loans for the purposes of industry, agriculture and housing projects but useless of those loans because of the bureaucratic and financial corruption. "
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