The Council of Ministers approved the authorization of the Ministry of Finance to sign the loan agreement for additional emergency development operations (ODPP) and to proceed according to the legal procedures in force.
The Secretariat of the Council in a statement obtained by "Economy News" a copy of it on Thursday, that the meeting held on Wednesday evening, approved this loan for its importance in the reconstruction of areas liberated from terrorism.
The Council explained in a separate statement that it agreed to amend an earlier decision on the percentage of deductions for the Seed Support Fund in the Iraqi Ministry of Agriculture, setting the percentage of the amounts by 2%, in line with the government strategy in support of the agricultural sector in Iraq.
The amended resolution in the session of the Council, yesterday, the release of the arrears of farmers in arrears for the years 2014 to 2016, and covered by the amendments to the Iraqi general budget for 2017.
The Council indicated that the receivables would be launched in two installments and before the end of the current year.
SOURCE
The Secretariat of the Council in a statement obtained by "Economy News" a copy of it on Thursday, that the meeting held on Wednesday evening, approved this loan for its importance in the reconstruction of areas liberated from terrorism.
The Council explained in a separate statement that it agreed to amend an earlier decision on the percentage of deductions for the Seed Support Fund in the Iraqi Ministry of Agriculture, setting the percentage of the amounts by 2%, in line with the government strategy in support of the agricultural sector in Iraq.
The amended resolution in the session of the Council, yesterday, the release of the arrears of farmers in arrears for the years 2014 to 2016, and covered by the amendments to the Iraqi general budget for 2017.
The Council indicated that the receivables would be launched in two installments and before the end of the current year.
SOURCE