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Iraq: the allocations of the Ministry of Municipalities bill

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Iraq: the allocations of the Ministry of Municipalities bill

Unread postby Stillw8n » Thu Dec 08, 2011 10:09 am

Iraq: the allocations of the Ministry of Municipalities billion dollars within the budget in 2012

Baghdad, 8 December / December (Rn) – The Ministry of Municipalities and Public Works Alaracahalathadah, Thursday, that the Iraqi government decided to be the ministry’s budget for next year instead of one billion and a half billion dollars.

The media adviser to the Ministry of Jassim Mohammed, told the Kurdish news agency (Rn) that “the balance of 2012 reduced the budget of a billion and a half billion dollars to one billion dollars and will be implemented on an ongoing service projects work out.”

He added that “the budget last year was also a billion dollars, all of which have been implemented.”
He continued that “the Ministry of Municipalities depend on the ratification of the infrastructure, which helps the ministry to cooperate with international companies to implement new projects.”

Under the draft law on the implementation of new infrastructure, particularly foreign companies, including Korean infrastructure projects, such as schools, hospitals, water projects, in a payment on credit by $ 37 billion U.S..

He said that Mohammed, “the Ministry of Municipalities completed the budget in 2011 of 100%, which is part of the ongoing work in monitoring the performance of companies that operate in the implementation of projects Doll.”

And endorsed the Iraqi government in its emergency meeting in (05/12/2011) budget in 2012 by $ 100 billion (about 117 trillion Iraqi dinars) and a deficit of up to $ 13.5 billion (about 17 trillion dinars).

The Government has adopted the Iraqi oil price of $ 85 and the foundation expects to which differences in the price of oil to cover more than $ 10 billion deficit.

Iraq has suffered from dilapidated infrastructure sectors in the overall result of long years of siege and war during the last two decades of the last century. Despite the passage of eight years to topple the former Iraqi regime, the Iraqi government could not provide basic public services for citizens, which are often protesting the lack of it.

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