Allocations reconstruction processes need control of the central

Allocations reconstruction processes need control of the central



7/13/2017 0:00

After major edits
BAGHDAD / Hussein Tgb
It has become the voices of economists resound to determine the correct paths for the construction and reconstruction to avoid any disruptions and enhanced victory security and economic other, and are economic proposals imperative to achieve growth in the liberated areas, including the city of Mosul , which require substantial funds alleviate the suffering of our people in this city and other cities that suffered terrorism "Aldaasha" .
Specialized in economic affairs Haider Kadhim al - Baghdadi said that the most important to maintain the achieved victory , which paid for the blood of the martyrs factors requires that we study and work on the development of the reconstruction of the line will be a model for plans that Mrabha country were below the level of ambition did not materialize as required on the ground , despite the big numbers that spotted to her. Cities service added must be the Central Bank of Iraq in which an important role to note that there is a branch of the bank in the city of Mosul , which can be brought back to the practice of his activity in serving the city. He noted that the Bank 's role in the reconstruction plan is very important in controlling the money spent because there is a large amount of work will be converted for the purpose of supporting the companies working on the implementation of various projects required by the city. The Mosul province of the rich Iraqi cities , along with its natural resources, human and agricultural sector flows into local markets , despite much of the crop among other challenges. For Alajaz and between the central role is to develop instructions for the disbursement of allocated to the operations of reconstruction funds shall be on the basis of a period of leave any should form committees consisting of members with highly experienced any of consulting engineering offices, technical , and the function of follow up the progress of work and the progress of the volume of work compared with the expense money for the project and adopt its report on the second disbursement amount according to the real percentage of completion. He stressed that this measure helps geode public money allocated to each project, and forcing companies to work according to the plans prepared in the ordered assignment of the project and fast delivery that achieve economic feasibility, pointing to the importance that the role of private banks and the central bank complement the operations of construction and reconstruction through offers from sophisticated products give a higher flow of funds. Instruct the relevant economic affairs , urged the importance of overcoming the difficulties of transferring funds and limit the central road and here enters the central role of which is to issue instructions concerning these amounts, that any amount paid for the purpose of reconstruction terms of operations , for example , determine the need required to transfer the amount to the liberated zone and be proposed central with the approval because Contractor requires him to provide for the project and a cadre of mechanisms and building materials and raw materials which are imported and here enters the role of the auction in providing currency for raw materials. The transfer of funds and stressed the need to work to be transfer funds to the liberated control areas by specialized committees formed by the central bank 's operations, as well as there will be a prominent role for domestic banks in these operations through the issuance of letters of guarantee large numbers for various purposes will be safe , and the proportion of risk and foot - dragging remains weak and the success of the business plan in conjunction with the ad hoc and this is the responsibility of the Central Bank monitors money.

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