Home
$400 million allocated for various projects in Duhok: investment official
[You must be registered and logged in to see this image.]A general view of Duhok city (File)
SULAIMANI — Head of the Duhok Investment General Directorate Kurdo Ehsan said on that a number of projects in health, housing, agriculture and industry sectors has started with the allocation of $400 million in Duhok governorate.
Ehsan told Kurdistan Democratic Party (KDP) official media that the projects would have advantages for enhancing job opportunity in the governorate.
“The projects had been divided among the Duhok’s districts with a 400 million funding, which is a step of investment,” he said.
Over the recent months, the Kurdistan Democratic Party’s (KDP) has [You must be registered and logged in to see this link.] a slew of new infrastructure and economic development projects, including a 100-bed hospital near Duhok governorate’s Deraluk town, a project to rebuild the road between Zakho and the Turkish border, and a purported $1 billion Chinese investment for a commercial development outside Erbil city
.
The Kurdistan Regional Government (KRG) is currently facing a large budget shortfall due to fall in oil prices that [You must be registered and logged in to see this link.] its public sector employees [You must be registered and logged in to see this link.] and funding from the federal government. In his words, Barzani previously [You must be registered and logged in to see this link.] the KRG “has no financial savings or reserves.”
In the face of growing public anger over deteriorating economic conditions, it is understandable that the KDP would turn to populist promises about spending and infrastructure improvement. Whether it will be able to make good on those promises remains an open question.
[You must be registered and logged in to see this link.]
» The Central Bank cancels two previous decisions pertaining to the Sharia Committee in Islamic Banks
» Iraqi port revenue surges as anti-corruption move bears fruit
» Iran's Rouhani hails departure of 'tyrant' Trump
» House of Representatives set, on Wednesday, the date for the employees’ salaries to be disbursed for
» Rafidain Bank announces the launch of loans of all kinds
» Parliamentary Finance: The budget will be ready next week
» The Iraqi government announces the imminent launch of small income-generating projects
» Government is talking about the Baghdad Renaissance project: Basmaya loans without interest over 20
» The Council of Ministers votes on setting October 10 as the date for early elections
» The director of Al-Rafidain Bank announces good news about the loan interest
» International Monetary Fund: Great ambiguity surrounds the outlook for the global economy
» The decision to devalue the currency is on the table of experts
» Iraq has sufficient gas to fuel all electricity stations: MP
» Rumors of an airstrike in Iraq come amid Iran tensions. Claims that the US struck Iranian-backed mil
» Time for Iraq’s militias to lay down arms. Many Iraqis are heartily sick of the pro-Iran troublemak
» “Made in Iraq” activities kicked off at Baghdad International Fair … encouraging investment and sup
» AM Best Releases Country Risk Assessment Report on Iraq
» Banks Are Reluctant To Buy Dollars In Cash From The Central Bank
» Determine when to pass the budget law
» Zain Cash offers an exclusive offer for its permanent wallet customers
» Decision of the Parliamentary Finance Committee: The amendments will include most of the items in th
» Parliamentary warnings .. Delay in approving the budget will affect the payment of salaries of emplo
» Al-Rafidain Bank raises the interest for savings accounts to 5 percent and fixed deposits to 7
» “Made in Iraq” activities kicked off at Baghdad International Fair … encouraging investment and supp
» The head of the Iraqi Supreme Judicial Council discusses with the US ambassador extraditing Trump
» Iraq loses more than $61m monthly in uncollected electricity fees in Baghdad: MP
» IHEC proposes to delay early election until October 16
» Mid-January .. Iraq Applies The Electronic Payment System, Exporters And Importers
» US drawdown of troops in Iraq is complete, says Pentagon
» How Erbil and Baghdad could fuel Iraq’s recovery
» The Council of Ministers decides to adopt the biometric card as proof
» Parliament ends discussion of the 2021 draft budget
» Parliamentary Finance: To vote on the budget next week .. This is the fate of the salary deduction
» Postponing Iraqi elections seen as an opportunity for Kadhimi to boost political fortunes
» Iraqi protest leaders launch political bloc ahead of elections
» Iran test-fires ballistic missiles on targets at sea
» American diplomat James Jeffrey: Trump’s model will continue in Iraq and Syria
» Foreign Ministry talks about its measures to remove Iraq from the list of money laundering
» 104k members already joined & we are in pre-launch. Please have a look, No Hype here
» Washington and Baghdad agree on Iraqi independence in the energy field
» The presidencies of Iraq recommend dissolving parliament
» Iraq to Participate in Buna Payment Platform
» Finance Minister: We will take a package of measures to reduce the effects of devaluation
» US piles pressure on Iran-backed militia commanders in Iraq with new sanctions
» The Iraqi parliament moves to change the price of oil in the budget
» Parliament keeps the debate on the draft budget open and sets a date for its holding
» Al-Halbousi stresses to Allawi the importance of limiting the repercussions of the financial situati
» Finance resolves the controversy and reveals the fate of the dollar exchange rate in the budget
» Parliament ends the second reading of the draft law on Iraq’s accession to an international protocol
» Saleh officially ratifies Iraq’s accession to the Paris climate agreement
» Article 140 postpones the resolution of constitutional amendments
» More than three-quarters. "Big" decline in central bank sales
» Finance Minister: We will take a package of measures to mitigate the effects of the devaluation in t
» Gorran MP alleges $78bn removed from Iraq since 2016, including $12bn from Kurdistan Region
» “Strict” measures and “serious” international monitoring awaiting early elections
» Al-Kazemi government takes 5 new decisions
» The presidencies, the Commission and UNAMI stress on increasing the biometric registration rate and
» The Three Presidencies: Reaching Radical Solutions Between the Federal Government and the Kurdistan
» The Parliamentary Finance committee to convene at the Prime Ministry's headquarters
» Al-Halbousi discusses with the Kurdistan Democratic delegation the budget and early elections
» The House of Representatives keeps its session going until tomorrow to complete the budget
» The high price of the dollar in Baghdad and its st
» An Iraqi forum discusses the impact of changing the exchange rate on the poor, destitute and low-inc
» Council of Representatives should vote on early election date: MP
» There will be no salary issues in Region, if Erbil, Baghdad abide by draft 2021 Iraqi Budget Law: MP
» Al-Kazemi and Al-Halbousi are discussing the budget and amending the Federal Court law
» Finance determines the changes it will make in the 2021 budget: changing the price of a barrel of oi
» Iraq maintains its ranking globally in gold reserves
» Foreign Ministry Spokesman: US sanctions against Hashd al-Sha'bi chief ‘insult to Iraq’
» Parliament’s agenda for next Monday’s session
» In details … Cabinet decisions for Saturday
» The Iraqi Parliament ends the first reading of the 2021 budget
» From John Matze CEO of Parler-
» Deleting 3 zeros or printing the 100 thousand dinars denomination .. Experts determine the best to f
» Exchange rate concepts
» I prayed everyday For Trump Pence
» Finance issues a statement on the effects of adjusting the dollar exchange rate
» Iraqi finance announces new developments at the exchange rate of the dinar
» Iran in no rush to see US return to nuclear deal: Khamenei
» America supervises the transfer and transfer of Iraqi funds. Pompeo sent a message to Baghdad and Er
» Facebook and Instagram ‘indefinitely’ ban Trump as Iraq issues him with arrest warrant
» The agenda of the parliament session for next Saturday
» The Central Bank sets special controls for exchange companies in the Kurdistan Region
» Parliamentary Finance officially receives the budget and announces the date of the parliament sessio
» Iraqi MP: What happened in America confirms that its Western democracy is fake
» Sairoun: The arrest warrant for Trump will be executed if he enters Iraq
» Central Bank's sales close the week with a big rise
» Three reasons for the central bank's decline in sales: this is what's going to happen next
» Agency: The devaluation of the Iraqi currency eases the liquidity shortage only temporarily
» Iraq, Struggling to Pay Debts and Salaries, Plunges Into Economic Crisis
» Adopting local currencies in trade relations
» Parliamentary Finance officially receives the budget and announces the date of the parliament sessio
» Iraqi PM adviser criticised for comments on Suleimani
» Iraq’ Barham Salih to build a strong Iraq
» Iraq will not be playground for international conflicts: PM Kadhimi
» Al-Kazemi announces a major US withdrawal from Iraq .. and affirms: The state’s decision will not be
» Iraq devalues dinar to boost economy, factory production
» For the third consecutive day, the Central Bank’s sales declined by more than 55%