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Planning develop an integrated program to fund projects on credit payment
8/21/2016 0:00
[rtl] BAGHDAD Farah pumice
In a move designed to provide good services to citizens, exhorted cares affairs Economic Saad Al Zaidan on the importance of attracting competent to provide services and the reconstruction of the damaged ones by payment on credit investments, and progress of the great economic feasibility of the country and address the most developmental problems.
At the same time prepared the Ministry of Planning program integrated projects payment on credit, and developed a detailed plan of projects to be financed by this paragraph which relates to projects of electricity, transport, water resources, health, education, roads and bridges, as well as the distribution of the share of each sector according to its importance and the need for each project and the percentage of the population to be served by the project, according to confirmed by the Undersecretary of the Ministry ofplanning, he said , adding that the coming period will witness the announcement of thestart of receiving applications after they have been identified repayment period and thegrace period and interest rates.
Zeidan returned to say: that the payment projects on credit will ensure the provision ofservices in Iraqi society without burdening the state at the time of the crisis, especially after the drop in oil prices global and direct impact on the implementation of investment projects in the country, pointing out that they move the economy in the country and achieve sustainable development.
He said in a statement to «morning» said the financial crisis faced by the country prompting the government to go about activating Alastosmarmen by attracting foreign companies discreet along Iraqi investor to accomplish the structural and investment projects for all sectors manner of payment term for the benefit of the two sides, and at the same time contribute to encourage the private sector to promote national product, and admitted in these projects.
the Devt for economic and investment commission in Parliament last week, Undersecretary of the Ministry of planning to discuss the mechanisms of distribution ofallocations Payment on credit projects and the reasons for the delay in the application ofthe item on these projects within the general budget for the year 2016 law that allowed the government to comprehensively different projects but not more than five billion dollars.[/rtl]
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