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Economist Opinion: Payment on credit burdens the state budge

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Economist Opinion: Payment on credit burdens the state budge

Unread postby Stillw8n » Tue Oct 18, 2011 10:03 am

Economist Opinion: Payment on credit burdens the state budget
The economic expert Majid picture, that the government did not provide the right conditions for investment projects (payment on credit), although they strain the budget, calling for the need interest in the problems of infrastructure facing the housing projects.

The Image in a press statement yesterday, “it is necessary to pay attention to the problem of structures tribute to projects housing since the previous years and provide appropriate conditions for the projects payment on credit, although it burdensome for the budget but that the country needs it.

The Image: The construction projects and housing need to spend money they need also to restructure the cement plants and brick any creation of construction materials and open the field of production has , considering the security situation unstable still directly affect the investment projects in Iraq and the biggest proof raise the prices of apartments in the project Basmajh to the fact that the government needed funds to restore infrastructure such as electricity, sewage, transportation and other are still not able to provide the necessities of urban real and difficult to provide housing for layers poor despite the fact that the opportunities that have been given quite a few.

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