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An economic expert clarifies the exchange mechanism for projects funded within the Iraqi-Chinese agreement
- Time: 12/14/2021 18:59:13
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{Economic: Al Furat News} The economic expert, Nabil Al Marsoumi, clarified the exchange mechanism for the projects funded within the Iraqi-Chinese agreement, as approved by the Council of Ministers in today's session, Tuesday.
The useful summary.. In important news, you can find it on Al-Furat News Channel on Telegram.. [You must be registered and logged in to see this link.]
Al-Marsoumi told Al-Furat News that "the decision of the Council of Ministers to release the exchange for projects funded within the Iraqi-Chinese agreement is legal if the funds are included in the general budget for the year 2021."
And he added, "But if the money is not included in the budget, the act is illegal, it depends on the money included in the allocations."
Al-Marsoumi continued, "Iraq is committed to a number of projects, some of which are financed by allocations and the other by loans, as happened in the financing of the Faw port at the Korean Import Bank within this year.
That is, this agreement is not new, so there is no harm in financing it, and the legal violation in the case of new contracts is outside the powers of a caretaker government." Business".
And the Council of Ministers, in its session held today, Tuesday, agreed to release the exchange for projects funded under the Iraq-China agreement.
From: Raghad Daham
[You must be registered and logged in to see this link.]
{Economic: Al Furat News} The economic expert, Nabil Al Marsoumi, clarified the exchange mechanism for the projects funded within the Iraqi-Chinese agreement, as approved by the Council of Ministers in today's session, Tuesday.
The useful summary.. In important news, you can find it on Al-Furat News Channel on Telegram.. [You must be registered and logged in to see this link.]
Al-Marsoumi told Al-Furat News that "the decision of the Council of Ministers to release the exchange for projects funded within the Iraqi-Chinese agreement is legal if the funds are included in the general budget for the year 2021."
And he added, "But if the money is not included in the budget, the act is illegal, it depends on the money included in the allocations."
Al-Marsoumi continued, "Iraq is committed to a number of projects, some of which are financed by allocations and the other by loans, as happened in the financing of the Faw port at the Korean Import Bank within this year.
That is, this agreement is not new, so there is no harm in financing it, and the legal violation in the case of new contracts is outside the powers of a caretaker government." Business".
And the Council of Ministers, in its session held today, Tuesday, agreed to release the exchange for projects funded under the Iraq-China agreement.
From: Raghad Daham
[You must be registered and logged in to see this link.]
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