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The government announces shocking figures about the projects stalled and the high unemployment rate

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The government announces shocking figures about the projects stalled and the high unemployment rate Empty The government announces shocking figures about the projects stalled and the high unemployment rate

Post by RamblerNash on Sat May 18, 2019 8:41 pm

The government announces shocking figures about the projects stalled and the high unemployment rate

The government announces shocking figures about the projects stalled and the high unemployment rate Story_img_5cdf994b04b2e

18/5/2019 8:34

(Baghdad: Al Furat News) revealed a senior government official, the number of projects stalled or faltering in Iraq, "referring to" the high unemployment rate in the country. "

The Prime Minister's Advisor for Finance, the appearance of Mohammed Saleh in a press statement, "The government, three months ago, is making great efforts to move the projects stalled and stagnant in the portfolio of private investment and government

He explained," The private sector can not work without providing the correct infrastructure, "indicating That "the projects of the private investment portfolio, which is close to 900 projects either suspended from work final or slow and the total value of 40 billion dollars."

Saleh attributed the reasons for the halt and delay of projects to "the allocation of land and sorting by the municipal departments, in addition to not granting banks loans and bureaucracy in dealing," stressing that "the government and three months to make great efforts to examine these investment projects in the private sector while overcoming obstacles In the ministries of the state, including the financial in terms of approvals and loans and municipalities in regard to the allocation of land, with the fight against corruption and Bureaucratic. "

"The government is also seeking to move the government investment portfolio, which has a huge investment estimated 4900 projects worth $ 100 billion dollars," the prime minister's adviser, adding that "the reasons for the interruption is due to weak implementation with weak funding, which fluctuates with the economic rent of oil."

Saleh pointed out that "moving the portfolios of private investment and government will contribute to reducing the level of unemployment, which is now high rates up to 16 percent, with the achievement of what we expect from the growth of GDP by 7 percent, which is high, which is achieved by China now" .is over

http://alforatnews.com/modules/news/article.php?storyid=198188
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