Iraq: The Budget Law Enacted Will Reveal The Start Of Implementation Of The Chinese Agreement
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Iraq: The Budget Law Enacted Will Reveal The Start Of Implementation Of The Chinese Agreement
Admin Sat Feb 13, 2021 5:07 pm
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Iraq: The Budget Law Enacted Will Reveal The Start Of Implementation Of The Chinese Agreement
13th February, 2021
Advisor to the Iraqi Prime Minister Mazhar Muhammad Salih said that the legislation of the budget law will reveal the start of implementation of the Chinese agreement.
Saleh added to the Iraqi News Agency (INA) today, Saturday, that project funds in the framework agreement with China are stabilized through the credit facilities provided by the Chinese side to the investment projects contracted, according to the same agreement, in the interest of Iraq, especially when oil revenues are low and Iraq's share in the same Iraqi-Chinese fund.
He added, "There are two positive indicators for the work of this agreement, which extends for about 20 years. The first is to place allocations in the federal public budget 2021 on the government investment side and about two billion dollars in favor of the agreement and its projects."
The advisor to the prime minister pointed out that "the second indicator, announced a good intention to implement 2000 model schools according to the Iraqi-Chinese agreement."
Saleh pointed out that "the legislation of the federal budget law for the year 2021 will reveal the start of implementation of the agreement and the resumption of work with it."
Iraq: The Budget Law Enacted Will Reveal The Start Of Implementation Of The Chinese Agreement
13th February, 2021Advisor to the Iraqi Prime Minister Mazhar Muhammad Salih said that the legislation of the budget law will reveal the start of implementation of the Chinese agreement.
Saleh added to the Iraqi News Agency (INA) today, Saturday, that project funds in the framework agreement with China are stabilized through the credit facilities provided by the Chinese side to the investment projects contracted, according to the same agreement, in the interest of Iraq, especially when oil revenues are low and Iraq's share in the same Iraqi-Chinese fund.
He added, "There are two positive indicators for the work of this agreement, which extends for about 20 years. The first is to place allocations in the federal public budget 2021 on the government investment side and about two billion dollars in favor of the agreement and its projects."
The advisor to the prime minister pointed out that "the second indicator, announced a good intention to implement 2000 model schools according to the Iraqi-Chinese agreement."
Saleh pointed out that "the legislation of the federal budget law for the year 2021 will reveal the start of implementation of the agreement and the resumption of work with it."
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