Planning: the possibility of inclusion of Diwaniyah projects payment on credit

00:28 - 02/18/2016 - Hits: 13

The Minister of Planning Salman Jumaili, during a meeting with the governor of Diwaniyah, about the possibility of the inclusion of preservation projects Payment Balagel.ozkr to a ministry statement, said Jumaili "received in his office at the ministry governor of Diwaniya, Sami al-Hasnawi and his accompanying delegation, the meeting discussed a number of issues related to the development reality of the province, including the problems faced by the investment and service projects due to lack of appropriations in the investment budget for the year 2016 as a result of the financial crisis faced by Iraq as a result of falling oil prices. "He called Jumaili, according to the statement, the local government in the province of Diwaniyah to the" need to search for suitable alternatives to finance projects in order to avoid a break after reconsider their priorities and provide the most important, then it is important to focus on projects that will provide services to citizens as well as supporting the national economy. "He pointed to" the possibility of inclusion of maintaining some payment projects on credit according controls that have been developed in this area, including that the payment on credit for projects developed in accordance with Article 26 of the budget for the year 2015 Act, and that does not increase the interest rate from 6 per cent and accounted for on the disbursements of all loan and not on the total amount and duration of the grace of not less than two years after the completion of the project. "He explained that these actions" include projects in services and productive areas of activity of the water and sewage systems, hospitals, roads, bridges, land reclamation and agriculture and water resources condition to be included in the implementing agencies plan and is included in the investment budget of the Ministry of planning. "for his part, the governor of Diwaniyah Sami Hasnawi that" the investment projects in the province have been affected much by the financial crisis last which requires a search for alternative sources of financing for these projects. "