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Parliamentary services count the lagging projects in Iraq during 2023
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Economy News - Baghdad
The Parliamentary Services and Reconstruction Committee counted the number of lagging projects in Iraq, while indicating the completion rates during 2023, and touched on a government program related to these projects.
The deputy head of the committee, Baqir Al-Saadi, said, “The number of lagging projects in Baghdad and the governorates has reached more than 1,600 projects,” indicating that “there are lagging projects during previous governments, and the completion rates in them amounted to only 30-35%, and work on them has been halted since the era of the government.” Nouri al-Maliki".
He added, "There is a work program launched during the current government regarding these projects, with approximately 55% of these projects completed," noting that "the government completed approximately 366 projects during 2023."
Al-Saadi pointed out, “There is a lot of work that will be completed during the first three months of 2024, specifically on the Karkh and Rusafa sides in the capital, Baghdad,” stressing that “the Services Committee is responsible for accounting and monitoring all projects in all ministries and municipalities.”
The federal budget allocated about 47 trillion dinars to investment projects, while the Ministry of Planning confirms that the lagging projects need about 12 billion dollars (more than 16 trillion dinars) to complete them. The number of lagging companies in the service sectors is 100 companies, according to statistics from the Ministry of Construction, Housing and Public Municipalities at the beginning of this year.
It is noteworthy that the Iraqi Parliament approved, on June 11, 2023, the draft federal budget law for the fiscal years 2023 - 2024 - 2025.
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Added 01/02/2024 - 10:27 AM
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Economy News - Baghdad
The Parliamentary Services and Reconstruction Committee counted the number of lagging projects in Iraq, while indicating the completion rates during 2023, and touched on a government program related to these projects.
The deputy head of the committee, Baqir Al-Saadi, said, “The number of lagging projects in Baghdad and the governorates has reached more than 1,600 projects,” indicating that “there are lagging projects during previous governments, and the completion rates in them amounted to only 30-35%, and work on them has been halted since the era of the government.” Nouri al-Maliki".
He added, "There is a work program launched during the current government regarding these projects, with approximately 55% of these projects completed," noting that "the government completed approximately 366 projects during 2023."
Al-Saadi pointed out, “There is a lot of work that will be completed during the first three months of 2024, specifically on the Karkh and Rusafa sides in the capital, Baghdad,” stressing that “the Services Committee is responsible for accounting and monitoring all projects in all ministries and municipalities.”
The federal budget allocated about 47 trillion dinars to investment projects, while the Ministry of Planning confirms that the lagging projects need about 12 billion dollars (more than 16 trillion dinars) to complete them. The number of lagging companies in the service sectors is 100 companies, according to statistics from the Ministry of Construction, Housing and Public Municipalities at the beginning of this year.
It is noteworthy that the Iraqi Parliament approved, on June 11, 2023, the draft federal budget law for the fiscal years 2023 - 2024 - 2025.
Views 56
Added 01/02/2024 - 10:27 AM
[You must be registered and logged in to see this link.]
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