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Basra Council: We got one trillion dinars out of twenty bags of the central government
19:53 - 20/03/2019
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The Basra Provincial Council announced on Wednesday that it received one trillion of the 20 trillion dinars allocated for the dollar accumulated by the central government from 2014 to 2018, indicating that the Council has a study to implement projects suspended by international companies.
"The province of Basra has funds from petrodollars accumulated from 2014 to 2018 by the central government," said the head of the oil and energy committee of the council Shaddad al-Fares.
He added that "these funds are estimated at more than 20 trillion dinars did not get Basra, but one trillion," pointing out that "the Council has proposals to issue a document to determine the size of the amounts allocated to Basra accurately."
He explained that "the proposal includes the start of the oil plan for reconstruction, where the use of oil reserves and give it to international companies in exchange for the implementation of strategic projects in the province."
The Basra Provincial Council announced on Wednesday that it received one trillion of the 20 trillion dinars allocated for the dollar accumulated by the central government from 2014 to 2018, indicating that the Council has a study to implement projects suspended by international companies.
"The province of Basra has funds from petrodollars accumulated from 2014 to 2018 by the central government," said the head of the oil and energy committee of the council Shaddad al-Fares.
He added that "these funds are estimated at more than 20 trillion dinars did not get Basra, but one trillion," pointing out that "the Council has proposals to issue a document to determine the size of the amounts allocated to Basra accurately."
He explained that "the proposal includes the start of the oil plan for reconstruction, where the use of oil reserves and give it to international companies in exchange for the implementation of strategic projects in the province."
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