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Najiba Najib: Act infrastructure overburden the shoulders of the Iraqi government debt for 10 years to come
April 5, 2013
BAGHDAD (Iba) .. Promised a member of the Finance Committee MP Najiba Najib, infrastructure bill payment and credit law holds the Iraqi government's debt paid for the Iraqi citizens over 10 years.
Said Najib told the independent press (Iba) on Thursday that "the law of the infrastructure, which came by the Iraqi government does not include transparency in all its details, which include justice unification and the percentage of construction in all the provinces, stressing that" the enactment of this Act will arrange the government large debts paid the price of the Iraqi people. "
He added, "The agreement will be between the Iraqi government and the international investment companies will be for a period of more than 10 years and three years after the payment of these funds interest rate to be agreed upon between the government and the contractors."
She "This law includes $ 37 billion with interest may be 700 billion, equivalent to three quarters budgets Iraqi state and increases, noting that" the problem of the Iraqi government and the investment does not lie assignments financial but also in administrative corruption in the projects that are approved ".
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April 5, 2013
BAGHDAD (Iba) .. Promised a member of the Finance Committee MP Najiba Najib, infrastructure bill payment and credit law holds the Iraqi government's debt paid for the Iraqi citizens over 10 years.
Said Najib told the independent press (Iba) on Thursday that "the law of the infrastructure, which came by the Iraqi government does not include transparency in all its details, which include justice unification and the percentage of construction in all the provinces, stressing that" the enactment of this Act will arrange the government large debts paid the price of the Iraqi people. "
He added, "The agreement will be between the Iraqi government and the international investment companies will be for a period of more than 10 years and three years after the payment of these funds interest rate to be agreed upon between the government and the contractors."
She "This law includes $ 37 billion with interest may be 700 billion, equivalent to three quarters budgets Iraqi state and increases, noting that" the problem of the Iraqi government and the investment does not lie assignments financial but also in administrative corruption in the projects that are approved ".
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