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2016/06/23 | 13:00
(Encyclopedia of the Day News | [You must be registered and logged in to see this link.] ) - Economy News , Baghdad. National Business Iraqi Council held a workshop at the Ministry of Planning, with the Status of receivables Contractors Exchange through government bonds Committee in the presence of the Minister of Planning , Dr. Salman al - Jumaili. During the workshop , thereview have exceeded Committee of the bond covering 40 of the dues payable interest rate of 5 per annum payable exchange after three years rather than two years, has been providing liquidity in banks , Rafidain and Rasheed, trade to liquidate all bonds and by 40 dues Almquaoliyn equally to all those who wish to , how much was the formation of a committee of experts to evaluate the strategic projects and as needed her that ratios completed high for the disbursement of 100 dues taking pledges crisis to complete. The Committee also made it clear that therest of the 60 of the dues will be paid after the completion of Supreme audit scrutiny of these projects as requested by the international Monetary Fund and that the audit has been completed up to 87 so far. Mr. David Abdul Zayer president of the National Business Council of Iraq has made a statement in which this problem and highlighted the sufferings of the brothers contractors and their suffering and the impact on all construction companies called on the government and the Committee strongly Return to exchange the 50 - receivables ratio wondering government is reward from the government for those companies that It contributed to the process of Iraq 's reconstruction? Be exposed to these heavy losses and bankruptcy in some cases and how it will build confidence in the future? He gave Imad Majed Nehme prime contractors Maysan rally demanding the audience to stay away from pleasantries and discussing the suffering Contractors realistically because their problem has risen to the humanitarian disaster and social clan to its repercussions , which pays the contractor for them daily , and told the committee hold thegovernment and Nhmlkm Committee responsibility full for any harm suffered by contractors and their families as aresult of delayed exchange, as the Commission called on to answer the following questions: - 1. What is themechanism that would be paid by the bond and how the contractor shall transfer to liquidity. 2. when to start thebond exchange and what is the time limit. he has the Minister of planning application no clear answer from theCommission to these questions, which blocked an answer by Mr. Deputy Finance Minister Fadhil Abdul Nabi ,where he said: - 1. The mechanism would be as follows after the arrival of lists of benefits to the Ministry ofplanning scrutinized and submitted to the Ministry of Finance , which will send a book exchange to the central bank , which will be spent bonds to the contractor can go to any of the banks rational or Mesopotamia or trade to beconverted into cash immediately. The Sataatm send an exchange books for each point of the province or the ministry. etc. if they arrive. 2. The Ministry of Finance will start sending written exchange to the central bank for thefirst meal lists have already been received from the Ministry of planning before Eid al - Fitr willing God. as the Minister of planning will raise a recommendation to the prime minister for a mainstream version of binding to all contractual parties to give a specific timeframe to provide lists of dues and otherwise bear the contractual all legal and administrative consequences. has been offering Engineer Abdullah Aoiz Jubouri provoking question in the case not to send all advances by the ministries to the Ministry of planning? Dr. Salman al - Jumaili Planning Minister also explained that the point of hiring bear the legal consequences and accountability of integrity in the case not toraise dues payable for any contractor. Mr. Khalid al - Obeidi, progress and raised the issue of clearance from theGeneral Authority for taxes as the body requires converting the amount of tax in full even issued clearance has Mr. Undersecretary of the Ministry of Finance replied that it would issue uncles to give them clearance provided that they are tax amounts have to ministries , while providing liquidity. Mr. David Abdul Zayer said student enters this bond auction currency in the event that the contractor is required dues to the dollar at banks to open adoption for the same purpose of the project was Deputy Governor promised to submit topic on the central bank governor. of principle and then take the students consider the policies included in this workshop is a step on the road to obtaining all Contractors slice rights. in mm
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