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The financial advisor to the Prime Minister resolves the controversy in the China agreement

rocky
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Prime - The financial advisor to the Prime Minister resolves the controversy in the China agreement Empty The financial advisor to the Prime Minister resolves the controversy in the China agreement

Post by rocky on Thu 16 Jan 2020, 2:28 am

The financial advisor to the Prime Minister resolves the controversy in the China agreement

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{Baghdad: Al Furat News} The Prime Minister’s Advisor for Financial Affairs, Mazhar Muhammad Salih, resolved the controversy over the subject of the China agreement.
Saleh said to the program (very soon) broadcast on the Al-Furat satellite channel tonight that "in December 2015 a high-level delegation went to China headed by former Prime Minister Haider al-Abadi and its members, including the then oil minister Adel Abdul-Mahdi, signed memoranda of understanding, one of which is the Belt and Road Initiative in partnership, And whoever worked on this agreement, Abdul-Mahdi matured an agreement that is closer to oil in exchange for construction and reconstruction. "
"After Abdul-Mahdi submitted his resignation from the Ministry of Oil, I personally took up the matter with a group of the finest Iraqi technicians and we met with the Chinese side represented by the Chinese government agency for guaranteeing investment and credit {SINO SHORE}."
He continued "
"In the 2019 budget, a clause of $ 1.1 billion was put in place by agreeing to the agreement (Chinese Sino Shore), and the House of Representatives saw all the information, and when Abdul Mahdi visited Beijing, appendices to the agreement were signed (an account and oil attachment), and the two annexes were signed from Before Finance Minister Fouad Hussein and Sumo Oil Company. "
"The agreement began to take effect on the 2019 budget, and on the first of October 2019, the first 100 thousand barrels of oil were exported," he said, noting that "the sovereign accounts of Iraq in China currently amount to half a billion dollars and have interest."
Saleh added, "Chinese companies in 2019 will complete the Salah Al-Din Thermal Station in Samarra, which produces more than 1400 MW, of which 60% has been implemented and stopped due to the terrorist ISIS after 2014, in addition to completing the work on building giant tanks in Nasiriyah, part of which is related to oil and some of it is completed." 25%, ”revealing“ including the 2020 budget, two trillion {{}} billion dinars, equivalent to exporting 100,000 barrels for a period of one year. ”
He pointed out that "it is not possible to include any project or exchange any amount without entering into the General Budget Law," stressing that "the Parliamentary Finance Committee is informed of this agreement," noting that "this agreement does not rise to the level of the agreement according to the legal opinion in the General Secretariat of the Council Ministers. "
The financial advisor to the resigned prime minister concluded by saying, "Everyone has the right to inquire; but there are political inconsistencies and lack of understanding and confusion in the papers in the work of the executive authority, and the goal of the Chinese agreement was to build a direct relationship between the two governments," revealing "the World Bank report spoke about spending $ 220 billion on Development projects in Iraq within 8 years. "Finished


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