Friday, March 29, 2024

Baghdad

MoP discuss obstacles of investment projects implementatio

MoP discuss obstacles of investment projects implementatio

Baghdad (IraqiNews.com) The Minister of Planning, Ali al-Shukri, revealed the obstacles which hinder the implementation of the projects which is the delay in endorsing the general financial budget of the State and launching the amounts disbursement.

The Ministry quoted Shukri as saying during his meeting with the member of the Economic Parliamentary Committee, Salman al-Musawi, ”There are many obstacles that hinder implementing the projects of the Ministry,” noting that “The most important of these projects is the delay that occurred in the endorsement of the State budget and launching amounts disbursement.”

”The projects of the ministry are being referred to unreliable companies since the authorities responsible for implementing instructions of the governmental contracts do not cooperate with the Ministry of Planning,” he added.

According to the statement ”The two sides discussed the main principles of the budget and how to rise the allocations for the investment budget than the operational budget as well as removing the obstacles of the implementation of the investment projects.” \

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