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[size=36]The Economic Committee sends notes to Parliamentary Finance to stop loans and sovereign guarantees[/size]
Political| 12:08 - 25/03/2021
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Baghdad Mawazine News
The Committee on Economy and Investment in the House of Representatives announced, on Thursday, that it will send notes to the Parliamentary Finance Committee regarding the 2021 budget to stop loans and sovereign guarantees.
The head of the committee, Ahmed Salim Al-Kinani, said, "The committee sent notes to the Finance Committee regarding the 2021 budget to stop loans and sovereign guarantees because they burden the state from an economic point of view."
He added, "The committee focused on mainly supporting the private sector, in cooperation with the Ministry of Planning to set up a specific mechanism to settle more than 300 investment projects that are lagging by terminating or completing their contracts by other investors or a settlement between the government and investors.
Al-Kinani pointed out, "The existence of thousands of these projects has not been resolved until now, but it is a follow-up by the subcommittee in the Ministry of Planning." Ended 29 / A43
The Committee on Economy and Investment in the House of Representatives announced, on Thursday, that it will send notes to the Parliamentary Finance Committee regarding the 2021 budget to stop loans and sovereign guarantees.
The head of the committee, Ahmed Salim Al-Kinani, said, "The committee sent notes to the Finance Committee regarding the 2021 budget to stop loans and sovereign guarantees because they burden the state from an economic point of view."
He added, "The committee focused on mainly supporting the private sector, in cooperation with the Ministry of Planning to set up a specific mechanism to settle more than 300 investment projects that are lagging by terminating or completing their contracts by other investors or a settlement between the government and investors.
Al-Kinani pointed out, "The existence of thousands of these projects has not been resolved until now, but it is a follow-up by the subcommittee in the Ministry of Planning." Ended 29 / A43
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