The allocation of $ 65 million to the Ministry of Construction of the World Bank loan
5/22/2016
12:15
{Baghdad} Euphrates News announced that the Ministry of Construction and Housing and Municipalities and Public Works, for the allocation of $ 65 million, with the total World Bank loan, for the purpose of the reconstruction of liberated areas of Daash.
According to a ministry statement received by the agency {Euphrates News} a copy of it, that "Total allocated World Bank loan of $ 350 million has been allocated $ 65 million to the Ministry of Construction and Housing and public municipalities for ages liberated areas in the field of water, sewage and municipalities."
The statement noted that "Abbas Mohammed Saeed strategic management Director signed one of the formations the ministry signed a contract to buy 14 multi - purpose excavator, at $ 1.0007 million and 23 thousand dollars, with funding from the World Bank loan to the liberated areas in the provinces of Salahuddin and Diyala. "
the statement quoted Abbas, said that the Ministry has " a number of projects in the provinces including the rehabilitation of water Tikrit and rehabilitation of water Awja project to facilitate the return of displaced persons to their homes project , "pointing out that" the agreement with the international Monetary Fund and serves as an international coalition of Mali to protect Iraq from the economic risks and a new strategy to support the Iraqi private sector. "
he was a member of the parliamentary finance committee Haider Al - Kaabi, said yesterday's {Euphrates News}, " the World Bank granted a loan of Iraq did not meet the actual need for a temporary solution to the crisis, likely to" take advantage of the loan funds to meet the shortfall in salaries while is dedicated to the advancement of health and agricultural Balqtat and infrastructure. "
concluded last Thursday negotiations between the government delegation headed by Finance Minister Hoshyar Zebari, and the participation of the Central Bank Governor, economic Advisor to the Prime Minister, and senior experts in the ministries of finance, oil, planning, and electricity, and experts of the international Monetary Fund., and resulted in negotiations to agree on a program to prepare the credit arrangements, which It provides financial support to Iraq over the next three years, enabling it to continue to provide the war requirements on Daash terrorist gangs, and the liberation of the Iraqi land from the clutches of these gangs, and to reduce the deficit, the financial gap, and achieving financial and economic reform real. "
on the other side of the keenness of the government delegation on this program does not affect government spending on social services, health, education, and a network of social welfare programs Alansanh.anthy https://alforatnews.com/modules/news/article.php?storyid=117579