Parliamentary Economy: exclude the existence of waste in the five trillion dinars lo
Parliamentary Economy: exclude the existence of waste in the five trillion dinars loans
Last updated 15/04/2016 - 20:54 Views 24
Economy News / special
The economic and investment commission in Parliament has ruled that there is waste in the five trillion loans made by the government with funding from the Iraqi Central Bank by.
Said committee member Nora Albjara in an interview for "Economy News", talking about the spread of corruption and waste of money in the five trillion dinars initiative launched by the government to support industrial and agricultural projects, housing that is not true on the grounds that the initiative has not yet released, indicating that this initiative will be of the best government initiatives and will differ from its predecessors by the presence of government and parliamentary committees to follow up exchange mechanisms and implementation.
Albjara confirmed that the Committee on Economy parliamentary and investment will follow up and monitor the work of the mechanisms of this initiative , starting with the disclosure of the project and the end done , in addition to the formation of a higher committee headed by a person holding a private in the Council of Ministers and members of the degree of the government 's economic committee and the Finance Ministry to follow up exchange mechanisms of this initiative and in accordance with the orderly and thoughtful program It will be issued against the tough decisions each of tampering or causes wasting these funds.
Albjara She pointed out that after the disclosure of the project , whether industrial or agricultural or housing will pay 25% or 30% of the loan to the entrepreneur 's initial loan and then the entire loan is paid in accordance with specific regulations, so it is unlikely that there will be a waste or corruption operations in this initiative, the likely launch of the initiative in the coming period.
Noteworthy that Prime Minister Haider al - Abadi has ratified the ninth of March to lend to the housing fund and private banking mechanisms.