Al-Kubaisi: The governorate’s treasury is empty and the debt has reached 200 billion dinars
Al-Kubaisi: The governorate’s treasury is empty and the debt has reached 200 billion dinars
8-25-2024
Al-Maalouma/Anbar..
Anbar Provincial Council member Adnan Al-Kubaisi reported today, Sunday, that the province’s treasury is empty and its debts have exceeded 200 billion dinars.
Al-Kubaisi told /Al-Maalouma/ agency that “Anbar’s budget decreased from approximately 500 billion dinars to 75 billion dinars in light of the financial debt in the province’s treasury that reached 210 billion dinars allocated to investment companies working on the reconstruction and rehabilitation of infrastructure damaged by terrorist operations.”
He added that “there are expectations that dozens of projects will be halted due to lack of financial liquidity,” indicating that “the current budget is not enough to rebuild and rehabilitate 40 projects damaged by terrorist operations.”
He continued, “The unexpected and ill-considered decrease in Anbar’s budget will lead to the cessation of reconstruction operations indefinitely.”
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