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[size=36]Three factors behind the decline in the contracting sector in Iraq ... Planning clarifies[/size]
Political| 01:43 - 5/27/2021
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Baghdad - Mawazine News The
Ministry of Planning revealed, on Thursday, that the contracting sector rates decreased to 20.3% during 2020, while noting that Nineveh Governorate ranked first in the number of projects, followed by Baghdad and Diyala.
Ministry spokesman Abdul Zahra Al-Hindawi said, "The contracting sector witnessed a decline in its rates during the year 2020 compared to 2019, as its rates decreased to 20.3%," indicating that "the decrease was affected by the circumstances that passed through the country during the past year, represented by the Corona pandemic and the drop in oil prices." The lack of a budget that provides financial allocations for projects. "
He added that "the contract costs amounted to one trillion and 900 billion Iraqi dinars, a decrease of 29% compared to the year 2019," noting that "the Nineveh Governorate ranked first in the number of projects referred during the year 2020, which amounted to 135 companies in the field of buildings and constructions at a cost of 59 billion dinars."
He emphasized that "the capital, Baghdad, ranked second with 121 companies referred in the field of buildings and constructions at a cost of 522 billion dinars, followed by Diyala province in third place with 65 companies at a cost of 125 billion dinars," noting that there is no comparison between one governorate and another, but projects. It is implemented according to the financial allocations available to each governorate, where the Ministry of Planning deals in accordance with clear planning standards in this area. ”Ended 29 / A 43
Ministry of Planning revealed, on Thursday, that the contracting sector rates decreased to 20.3% during 2020, while noting that Nineveh Governorate ranked first in the number of projects, followed by Baghdad and Diyala.
Ministry spokesman Abdul Zahra Al-Hindawi said, "The contracting sector witnessed a decline in its rates during the year 2020 compared to 2019, as its rates decreased to 20.3%," indicating that "the decrease was affected by the circumstances that passed through the country during the past year, represented by the Corona pandemic and the drop in oil prices." The lack of a budget that provides financial allocations for projects. "
He added that "the contract costs amounted to one trillion and 900 billion Iraqi dinars, a decrease of 29% compared to the year 2019," noting that "the Nineveh Governorate ranked first in the number of projects referred during the year 2020, which amounted to 135 companies in the field of buildings and constructions at a cost of 59 billion dinars."
He emphasized that "the capital, Baghdad, ranked second with 121 companies referred in the field of buildings and constructions at a cost of 522 billion dinars, followed by Diyala province in third place with 65 companies at a cost of 125 billion dinars," noting that there is no comparison between one governorate and another, but projects. It is implemented according to the financial allocations available to each governorate, where the Ministry of Planning deals in accordance with clear planning standards in this area. ”Ended 29 / A 43
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