[size=55][size=35]Parliamentary Economy: The Chinese Agreement will End Phantom Projects and Attempts to Fell it Failed[/size]
- [ltr] Jan 16, 2020 - 3:52[/ltr]
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Baghdad: Sumer News, The Parliamentary Commission on Economy and Investment confirmed, Thursday, that all attempts to topple the Chinese agreement will be unsuccessful, indicating that the agreement will eliminate corruption and fictitious projects, and there is a lot of this agreement does not agree with his interests, causing him to try to topple it. Committee member Abbas Yaber Al-Atafi said in a press statement that "the Chinese agreement will eliminate all corruption that exists in investment projects, and Iraq needs this agreement, especially as it will be construction and reconstruction in exchange for oil." He added that "part of the oil that will be delivered to China under Iraqi supervision to put its revenues in the account opened by the Central Bank with China, as the financial balance was put in place during the month of October last, and the size of those funds reached 500 million dollars, to include infrastructure, roads and factories building projects." And he stated that "many of those who do not want or agree with this agreement with his interests are beginning to lose it, especially as it will eliminate all fictitious projects."
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