Government orders ministries, departments and provinces to work in payment on credit for suspended projects

Sep 17 2015

Shafaq News / The General Secretariat of the Council of Ministers ordered on Thursday the ministries and provincial councils to work on payment on credit method on some of the projects which were stopped due to the economic crisis and the drop in oil prices in global markets.
The Secretariat said in a statement, that the ministries and departments associated with the Ministry and the provincial councils must work with the Council of Ministers resolution No. (340) on the ongoing projects which stopped due to lack of funding.

The Secretariat Council has approved during its meeting held on Tuesday September 15 , the first recommendation of the Committee on Economic Affairs on the approval of proposals on credit payment mechanism, in order to address the subject of suspended projects due to lack of funding

Shafaq News 2015