The central bank bonds Contractors stop temporarily at the request of Finance

by **Rocky** Sat 01 Oct 2016, 2:41 am

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The central bank bonds Contractors stop temporarily at the request of Finance

by Rocky Sat 01 Oct 2016, 2:41 am

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The central bank bonds Contractors stop temporarily at the request of Finance

 Baghdad / term

The Central Bank of Iraq, on Wednesday, for the suspension of work by granting bonds to contractors on a temporary basis at therequest of the Ministry of Finance.
The bank said in a statement received (range Press) copy of it, that "on the basis of a request from the Ministry of Finance has been shut down (temporarily) bonds Contractors until the near completion of the audit. "
The Central Bank of Iraq announced on Thursday (11 August 2016), start firing dues Contractors bonds owed by government institutions, and also confirmed that it will publish audited names, called Contractors for review on Sunday. 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 the general budget in 2016 the House of Representatives for.
The Council of Ministers decided in the (19 of April 2016), the formation of a committee headed by Minister ofplanning and the membership of the Iraqi Central Bank Governor and advisers economic and financial to the Prime Minister and the agents of the finance and planning ministries, holds the structure and controls thecompletion of the distribution of Contractors benefits through government bonds the process of developing, to submit its recommendations to the Prime Minister for approval during the week.

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