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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    The government paid dues four thousand stalled project worth 7 trillion dinars

    Rocky
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    • Post n°1

    The government paid dues four thousand stalled project worth 7 trillion dinars Empty The government paid dues four thousand stalled project worth 7 trillion dinars

    Post by Rocky Mon 27 Jun 2016, 3:02 am

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    The government paid dues four thousand stalled project worth 7 trillion dinars


     Baghdad / Muhannad Jawad 

    Confirmed economic adviser to the prime minister, on Sunday, that contractors dues of more than $ 7 trillion dinars, noting that theamounts would be paid from the amount ofgovernment bonds 5 the value of trillions ofdinars, with the Committee of Economy parliamentary announced the provision offinancial liquidity in the government banks to pay the dues of contractors by 40% Iraqi business Council , said that about 4 thousand stalled investment project will include a mechanism for repayment. , said the economic advisor to the Prime Minister and the appearance of Mohammed Saleh said in an interview to the (long -Presse), " the government has adopted a national bond which it has ratified within the 2016 budget and a $ Alasaddarah 5 trillion dinars to reimburse contractors and farmers in accordance with the rates and mechanisms put in place to that. " Saleh added that" Contractors due dues payment amounting to 7.6 trillion Iraqi dinars. " he said he" will pay 100% of strategic projects that the completion rate reached where more than 80% and to be completion and turn it gives added value to the state. " He pointed out that" the rest of the projects will be paid 50% will be cut 10% collateral for the safety of the project and pay for them later. "He predicted economic advisor to the Prime Minister that" the payment of all dues contractors over the next year. in a statement , issued by the Information Office of the Member of the Committee on economy and investment representative, Ahmed Salim Kanani, and received a (long - Presse), a copy of it, that "Kanani attended the special committee meeting to put entitlements Contractors Exchange through government bond mechanism in the presence of chairman of the Committee and planning Minister Salman Jumaili and the rest of the committee members . " He explained Kanani, according to the statement," the meeting discussed anumber of things from them, that the bond covering 40% of the dues payable at an interest rate of 5% per annum payable exchange after three years rather than two years , "asserting that" financial liquidity has been provided in the Rafidain banks and good governance and trade to liquidate all bonds and by 40% of the dues Almquaoliyn. " The MP for the rule of law, Ahmed Salim Kanani, that " the rest of the 60% ​​of the dues will be paid after the completion of Supreme Audit scrutiny of these projects, as requested by the International Monetary Fund , " noting that " the audit has been completed up to 87% to now." And on the mechanism and procedures pertaining to government bonds, Kanani pointed out , that "after the arrival of lists of benefits to the Ministry of planning and vets are sent to the Finance Ministry , which will send a book exchange to thecentral bank , which will be spent bonds to the contractor and can go to any of the bank governance or Mesopotamia or trade to be converted to liquid . " He continued Kanani, that" the next step include the Ministry of Finance to start sending written exchange to the central bank for the first meal lists have already been received from the Ministry of planning before Eid al - Fitr , "pointing out that" this meeting came to retrieve the Contractors rights, and resolve a financial crisis hit the a lot of companies. " and between amember of the investment Committee and parliamentary economy, that" legal procedures and audit will be completing her and Exchange bonds soon. " turn , head of the Iraqi business Council David Zayer said in aninterview, said to (long - Presse), that" according to the mechanism that has been put in place to pay off Mshakat Contractors, each contractor will receive 40% of the dues if his project is strategic, while receiving full entitlement to 100% if his project strategically. " Zayer said that" the problem facing the application of themechanism will determine the quality of the projects that were strategic or not . " and called on " thegovernment and to place this requirement under its sights." He continued that " the mechanism began today to send the Ministry of Finance Exchange Sindh and maturity Contractors to the Central Bank, which has been prepared and sent in advance by the Ministry of planning in advance." He pointed out that "some of theministries and provinces have not sent so far Contractors benefits to the Ministry of planning and was supposed to be done as soon as one of the bear dues delay. " he pointed out that" there are four thousand stalled investment project registered with the Ministry of planning will include all pay dues according to theestablished mechanisms. " the Council of Ministers approved in the (14 June 2016), the launch of dues contractors by 50% of the total dues down first, and to report the implementation of the first chapter of thegeneral budget in 2016 the House of Representatives for. the Council of Ministers decided (19 April 2016) theformation of a committee headed by the Minister of planning and the membership of the governor of the Iraqi Central Bank and economic advisor to the Prime Minister and financial Advisor to the Prime Minister and theUndersecretary of the Ministry of Finance, Undersecretary of Technical planning, holds the structure and controls the completion of the distribution of Contractors benefits through government bonds the process ofdeveloping, and submit its recommendations to the Prime Minister for approval within a week.
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