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Issuing bonds to cover 50% of the dues payable Contractors
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Issuing bonds to cover 50% of the dues payable Contractors
{Baghdad: Euphrates News} Committee recommended the issue by the Board on the Status of the distribution of benefits due Contractors controls Minister payment, issuing bonds to cover 50% of the Almshakat.
A statement by the Ministry of Planning, received by the agency {Euphrates News} a copy of it, that Jumaili "chaired the committee formed a meeting by the Council on the Status of structural controls Minister completion of the distribution of benefits Contractors due process payments through government bonds to study the issuance of government bonds for the payment of payable dues to contractors who carried out the governmental investment projects did not get their dues because of financial circumstances. " the
Committee recommended, according to the statement, to" support payments bond issue , "noting that" the first installment will cover 50% of the dues Contractors. "
He pointed out that" the Central Bank of Iraq shall issue Help for the issuance of these bonds after determining these entitlements by the ministries and interfaces is related to the Ministry and folders across the ministries of planning and finance. "
The statement continued that" the Commission will present its recommendations to the Prime Minister Haider al - Abadi in the coming days for approval. "
He explained that" the Committee of Central Bank Governor Ali Keywords, economic and financial to the prime minister and advisers, and the Undersecretary of the Ministry of Finance, Undersecretary of the Ministry of planning and technical Affairs. "
the central bank announced on the tenth of this April, for the approval of a cell of the financial crisis , headed by Prime Minister Haider al - Abadi on the issuance of government bonds for the payment of contractors and suppliers of state institutions .is over
http://alforatnews.com/modules/news/article.php?storyid=115255
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Re: Issuing bonds to cover 50% of the dues payable Contractors
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Economy News / Baghdad ... The Ministry of Planning, the issuance of government bonds to support 50% of the dues Contractors. The ministry said in a statement received, Economy News, a copy of it today that "Planning Minister Salman Jumaili chaired the committee formed a meeting by the Special Council of Ministers put the structure and controls the completion of the distribution of benefits Contractors due process payments through government bonds and consider issuing bonds to pay off the payable dues to contractors who carried out the governmental investment projects did not get their dues because of financial circumstances. " The ministry said in its statement that "the Committee comprising the Governor of the Iraqi Central Bank on the Keywords economic and financial advisers to the Prime Minister and the Undersecretary of the Ministry of Finance and Planning Deputy Minister for Technical Affairs." The statement said it was "recommended by issuing support bonds in batches for the first installment will cover 50% of the dues of contractors and take the CBI establish the instructions for the issuance of these bonds after determining these entitlements by the ministries and departments not associated with the Ministry and provinces across the ministries of planning and finance." He said the "Committee of the Committee will present its recommendations to the Prime Minister Haider al-Abadi in the coming days for approval." The issuance of government bonds to support 50% of the dues Contractors |
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Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
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