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Maintenance of fixed assets
11/7/2018 12:00 am [rtl]Abdulrahman Mohammed Al Hindawi The fixed assets, which include agricultural lands, buildings, roads, machinery, equipment, cars, tools, furniture and projects in progress, are subject to obsolescence and erosion. If they are not maintained continuously, they will be out of service before the end of their life. It seems clear that the philosophy of maintenance of fixed assets is absent in Iraq or is not understood by the absence or lack of financial allocations in the annual budget related to maintenance aspects, and as a result, this absence is causing the national economy very heavy loss, and examples are many, if we take a quick look at a lot of The buildings are very dilapidated because of the lack of maintenance due to the absence of financial allocations, and the cars, machinery and furniture are not without The Ministry of the existence of a large cemetery for large numbers of idle cars and broken furniture and some may need only a small amount to return to life, but leaving them for a long time, which are modern models become difficult to repair and benefit from them. In the field of projects, the economic crisis that hit Iraq in 2014 has left hundreds of investment projects with high rates of achievement and has cost the country billions of dollars, and these amounts are heavy obligations on the government, even if the completion and completion of these projects because we lost the money; Whether inside or outside cities, the government needs large amounts of money to restore it at a time when it is difficult to provide such funds. The maintenance process does not mean that it does not deal with the problem in a significant way. Therefore, we say that the absence of the philosophy of fixed asset maintenance in the country's financial policy makers is not because they do not realize its importance, but they fear that it becomes a door to corruption because there are no tables of quantities, feasibility studies and other requirements that must be present when implementing a new project. But I think that this understanding, if it really is the reason for the absence of this philosophy, we must reconsider our financial policies in this regard, because we lost and we will lose more, if we do not address you and care about the issue of maintenance .. So we need a real understanding of philosophy Maintenance of fixed assets .[/rtl] [rtl][You must be registered and logged in to see this link.] [/rtl] |
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