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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

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


    Austerity is leading contractors in Dhi Qar to suicide

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 278276
    Join date : 2012-12-21
    • Post n°1

    Austerity is leading contractors in Dhi Qar to suicide Empty Austerity is leading contractors in Dhi Qar to suicide

    Post by Rocky Mon 06 Mar 2017, 2:14 am

    [You must be registered and logged in to see this image.]
    Austerity is leading contractors in Dhi Qar to suicide


     Dhi Qar / Hussein factor 

     
    Announced businessmen province of Dhi Qar Union, on Sunday, for the bankruptcy of 50% to maintain the companies concerned services and development sector, as a result of the financial crisis and the reluctance of the central government in the financial dues Exchange, stressing suffered a lot of the owners of those companies to the crises of severe psychological led them to commit suicide for the accumulation of debt on their companies. While accusing the government 's economic committee to refer the winning political parties in the project. 
    The estimated number of projects that have stopped as a result of the financial crisis in Dhi Qar province , 444 projects spread over 22 sectors Khaddmaa and developmentally. 
    A member of the Council of Businessmen Union Administration in Dhi Qar , Mohammed al- Battat, (range), said that "more than 200 companies from the province companies declared bankruptcy and stopped its operations completely, as a result of the financial crisis and the reluctance of the government to launch financial dues of the implementation of government projects, ie by 50% of the total of 400 companies maintain company. " 
    He said al- Battat, that " the amount of money owed by the government and due to the companies and contractors in Dhi Qar, estimated at more than 140 billion dinars , " noting that " the financial losses suffered by the companies as a result of government projects stopped too big, have led to the use by some owners of companies and contractors to commit suicide as a result of the financial collapse of their companies and the consequent psychological effects of crises and 
    social. " 
    Battat pointed out, that " the company owners and managers Commissioners to those companies after they honor and dignity, who have come persecuted issues before the courts for signing checks without balance to the owners of the construction materials used in the implementation of government projects implemented by their companies , " noting that " the owners of companies were deal by check deferred in the hope that the disposal of financial dues owed by the government, but the reluctance of the government to launch a project advances caught in a big problem led to the aggravation of their debts , "stressing that" some owners of companies led in prison as a result of their inability to pay the value of the check or settle their debts with creditors ".   
    And confirms a member of the Council of Businessmen Union Administration in Dhi Qar, that " the construction sector in the province, stopped working three years ago because of contrived financial crisis caused by poor economic policy in the country and shed parties in power at the administrative and economic joints , " pointing to "the existence of an economic committees at the headquarters of the federal ministries are working in favor of political parties and working on the assignment of projects and deals trump them. " 
    Provincial Council revealed Dhi Qar, Thursday June 16, 2016, for the reluctance of companies and contractors from participating in tenders service projects announced by the province recently, attributed the reason to the delayed debts repayment on the implementation of the projects, amounting to 300 billion dinars, and as he emphasized the lack of "the existence of signs" for the launch of the government Central conservative allocations. 
    Dozens of contractors and business owners in the province of Dhi Qar demonstrated in (26 August 2015), in front of the governorate building to demand regardless own 2013 draft financial dues, as pointed out that allocated to finance preservation projects , the funds do not cover 10% of the dues Contractors only, They threatened to sit in the event of failure to respond to their demands. 
    The governor of Dhi Qar Yahya Baqir al - Nasseri, in (14 June 2015), that the funds allocated for the projects do not cover the debt owed to the companies and contractors, and revealed that the administration of the province will adopt the mechanism approved by the Council of Ministers to repay those debts, according to the percentages achieved in the completion of projects. 
    He was the governor of Dhi Qar Yahya Baqir al - Nasseri confirmed, in (June 14, 2015), that funding for preservation projects and the plan adopted in this area require more than 800 billion dinars in general, and as pointed out that debts due and payable on what has been achieved from the stages of project work mentioned requires more than 115 billion 
     dinars. 
    The Dhi Qar Provincial Council announced in the (23 April 2014), it voted unanimously to balance the development of regions projects plan worth 992 billion dinars, and counted " the largest budget" in the history of the province, as he emphasized that it includes more than 340 projects spread over 20 sectors Khaddmaa and developmentally, but the plan could not be implemented due to lack of adoption of the federal budget for 2014. 
    He held the governor of Dhi Qar , Yahya Mohammed Baqir al - Nasseri, Monday 23 March 2017, the Ministry of Finance stopped government projects and the deterioration of economic conditions for their workers, and while pointing out that the delay in the launch of the budget the province, amounting to 200 billion dinars cause interruption of most of the projects, called on companies to cooperate with the province to overcome the crisis. 
    Iraq has suffered from a severe financial crisis as a result of the deterioration of oil prices, the war being waged against terrorism, which forced him to take a series of austerity measures, and recourse to borrowing from the state authorities, particularly the IMF and the World Bank 
    International.
     

    [You must be registered and logged in to see this link.]
    • Back to top
      Current date/time is Sun 29 Sep 2024, 7:36 am