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Neno's Place Established in 2006 as a Community of Reality


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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    The government approves the Al-Faw-Rabia railway to Türkiye... and desalination of sea water towards

    Rocky
    Rocky
    Rocky
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    The government approves the Al-Faw-Rabia railway to Türkiye... and desalination of sea water towards Empty The government approves the Al-Faw-Rabia railway to Türkiye... and desalination of sea water towards

    Post by Rocky Wed 03 Apr 2024, 4:14 am

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    [size=52]The government approves the Al-Faw-Rabia railway to Türkiye... and desalination of sea water towards “alternative financing”[/size]

    [size=45]The Council of Ministers announced the approval of a budget for the railway connection between the large port of Al-Faw and the Rabia area, west of Mosul, to connect to the Fish Khabour crossing towards Turkey, while it recommended canceling a request submitted by Basra for a large project on seawater desalination, and replacing it with investments and financing through other channels.[/size]
    [size=45]This was stated in the official statement of the regular Cabinet meeting on Tuesday:
    With the aim of reducing external public debt and organizing the borrowing process, the Council approved the recommendation of the Ministerial Council for the Economy (24207) for the year 2024, which includes the approval of the Diwaniyah Order Committee’s recommendation 23942, related to external debt, and the recommendation included:[/size]
    [size=45]1- The Ministry of Planning’s study of projects canceled from loans; To discuss the possibility of including it with funding sources from the federal general budget.[/size]
    [size=45]2- The Ministry of Finance will verify the existence of any financial obligations that may result from canceling these projects with the loan donors when implementing the decision.[/size]
    [size=45]3- Cancel delayed loans, worth $1.05 billion, and complete important projects from government funding sources.[/size]
    [size=45]4- Canceling borrowing requests worth $5.8 billion for the Basra water desalination and sky train projects, financing the first project from the regional development budget, and financing the second project by offering it for investment.[/size]
    [size=45]5- Reducing the current external public debt, amounting to $10.5 billion, to $8.9 billion.[/size]
    [size=45]6- Redirecting World Bank loans for lagging projects and other surpluses towards implementing the vital railway link project (Faw-Rabia-Fishkhabour).[/size]
    [size=45]7- Contracting with an international financial consultant to audit and manage foreign debts in the future.[/size]
    [size=45][You must be registered and logged in to see this link.]
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