Abadi plans to distribute plots on «beneficiaries» next week Residential-government initiative «revive» Economists and real estate market they consider a plan to attract funds «chunky»

Baghdad, Mohammed Hadi

Government plans to distribute Abadi cut residential land on the "beneficiaries", next week, to find financial liquidity move by which the market, and are used to fill part of the budget deficit, and that the initiative is also aimed at addressing the housing crisis "incurable".

While the Ministry of Planning says that "the government of processors in the shadow of the financial crisis, does not fit the annual rates of population growth, pointing out that the crisis calls for the establishment of 2.0005 million housing units to solve them in.

The Committee on Parliamentary economy, that this government project will move the real estate market, and reduces the phenomenon of the abuses. "

And sees academics and specialists in economic affairs, said that these projects, is one of the plans "to attract money chunky among the citizens," noting that revenue "will compensate the lack of financial liquidity experienced by the government, because of low oil prices."

It reveals specialists talk about government ownership scheme "squatters on state property, in return, rather than cash, as well as the distribution of land to the families of the martyrs of the crowd.

He announced the Prime Minister Haider al-Abadi, on Tuesday evening, the government will begin next week, distribution of spare residential land to the beneficiaries in the public and private sectors, and also confirmed the agreement with a number of countries to supplement Iraq experts, economists, stressed that the coming days will see the application of fair tariff customs in all ports Iraqi border.

Ebadi said in his speech, broadcast on Al-Iraqiya semi-official, "The next week will be issued an important decision on the allocation of residential land to the beneficiaries of all citizens in the private and government alike sectors, in Baghdad and other provinces," noting that "this process will coincide with the provision of basic services for the pieces of land which are distributed to citizens where they can build integrated cities with infrastructure incorrect. "

Abadi added that with "our commitment to state property, from land and real estate, etc., Vsissar after careful disclosed stage in the coming days, to take advantage of the investment and stimulate the private sector areas, concurrent with the work currently under way to restructure state-owned enterprises, so that firms profitable and productive; its effects are reflected on improving the status of their workers. "

As a member of the economic and investment commission parliamentary warned, Najiba Najib, he told the "world" on Wednesday, that the land, which the government plans to distribute to "slum" is transformed, if the government did not adopt plans realistic, providing all services required by the housing.

She said Najib, said that these projects "solve part of the housing crisis, and will reduce the excesses, and the movement of the real estate market."

Najib noted, that "the proposals on the table at present is limited to the distribution of residential land in the provinces of foreign firms project, provide them with services, and then sold to citizens according to the controls and mechanisms be developed by the government."

And it revealed that "the government is setting up an ad hoc committee task distribution of residential land to citizens across the provinces."

And the possibility of achieving the financial revenues of the state through this project, confirmed member of the Kurdistan Alliance, said the project achieves "good revenue, but it will vary from one province to another."

For his part, said economic expert Maytham and coffee, in an interview for "the world", yesterday, that "residential lands between citizens distribution in exchange for cash instead, is an alternative way for the banking system, to attract money chunky among the citizens, and offset the lack of financial liquidity afflicting the government at the present time due to low oil prices.

" He and coffee, said, "This step will move the real estate market, but remain the same dilemma of distribution mechanisms, corruption and lack of justice."

He revealed an economist that there are more of an initiative to distribute lands, while not declaring limit moment for any distribution talked about Abadi, "and draws out that" we are talking about ownership of squatters on Real State (senses), in return for a cash allowance, in addition to the distribution of land to the families of martyrs crowd.

Believes that "the government is still suffering from the problem of poor transparency because the mechanisms are not clear so far, the official media still faces delays harm the economic decision. We are still in the process of emergency solutions are few and maneuvers effect."
He Laibi that "talk is going on now around the Prime Minister's intention to hold a field tour, starting from Basra next week."

Iraq has suffered a crisis in housing worsened unity after 2003, prompting many citizens to live in government buildings were vandalized, as well as the proliferation of slums in the majority of Iraqi provinces, at a time when homes and apartments rent rise will continue, especially after the control of the organization (Daash) on many of the western and northern provinces, and the accompanying exodus to the secretariat of the regions in the country.

A spokesman for the Ministry of Planning, Abdul Zahra al-Hindawi, said in a statement to "the world", that "the rate of population growth multiplied Iraq rates of 3 percent a year, at a time when there were no housing projects able to stop the unbridled housing crisis," explaining that "Statistics underscore the need to 2.0005 million units to resolve the crisis. "

He said al-Hindawi, the government formed earlier Supreme Council for housing residential policies time, and who cares about the establishment of residential complexes and work to end all the obstacles that prevent the completion of such a project, with a vision national population medium and long term, it has prevented the financial crisis without the implementation of the ambitious plans ensure the problem is resolved.

It is noteworthy Hindawi said "the crisis spread to more than three decades, especially during the eighties, where he stopped residential projects because of the 1980 war, during the former regime," pointing out that "the general population is essential to find out how real the actual need for housing projects and diagnose sites can be played by these projects and learn to prepare families that lack housing units.

The National Alliance member Abdul Hadi al-Hakim, said earlier this month that "the solution to the housing crisis law, which Parliament voted to form a committee for drafting will address the problem of land allocation for integrated housing projects, financial and funding to be distributed to citizens."

Hakim said that "the law works to address the issue of allocation of land in the regions and provinces of the housing projects of integrated financial and funding to be distributed to citizens."

He said al-Hakim, that "the law will give the land to the citizens and secures banking facilities for them to pay off the bank loan for at least 20 years, that the state shall pay interest on the loan on behalf of the citizen," pointing out that "the Commission will prepare a proposed law with the competent committees to outline detailed. "


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