[size=30]Karbala Council: There are projects stopped after the completion of 80%[/size]
Direction Press / special
He Karbala Provincial Council member Zuhair Abu Dakka said the financial crisis has caused a dilemma in many provinces in general and Karbala in particular.
Abu Dakka In an interview with "direction Press," said there were many projects stopped in the province due to the financial crisis, noting that the most prominent of those projects is the main street in the province have been done to stop after reaching a completion rate of more than half.
He said Abu Dakka that there are other projects were discontinued after the completion of 80% of a hospital to the Turkish Ministry of Health.
He said Abu Dakka said the provincial council put forward a number of solutions to tackle the crisis and the completion of projects, including investment way by the companies and through specific ratios.
It is said that "the government is seeking to implement projects related to electricity and oil because it is the largest supplier of other development projects, and that 60% of the investment budget allocated to those projects with the remainder allocated to other projects."
The implementation of the projects, payment on credit to pay large sums of money and multiply, then the projects financed by foreign banks seeking to make large profits by waiting for the repayments for up to sometimes 10 years.