Bojnord: 95% of Clause 18 Credits Paid in North Khorasan

Bojnord – The Director General of Economic and Financial Affairs of North Khorasan said that of the total 1,020 billion toman in Clause 18 credits in the province, 968 billion toman has been paid to 608 projects.

According to Mehr reporter, Mohsen Bejnordi, in the meeting of the coordination council of the directors of the subordinate institutions of the Ministry of Economic Affairs and Finance with the assembly of representatives of North Khorasan held in the meeting hall of the General Department of Economic Affairs of Finance of North Khorasan, explained the situation of the province's revenues and stated: 96.2 percent of the province's revenues are provided by tax revenues and the other 3.8 percent are related to other revenues such as crimes, damages and issuance of licenses.

Referring to the state of foreign investment in North Khorasan, he added: Since the beginning of the activity, foreign investment permits worth 25 million dollars have been issued in the province, of which about 3.5 million dollars have been attracted.

Bejnordi continued: last year, a foreign investment license worth 16 million dollars was issued, the major part of which, about 14 million dollars, was related to the Ferosilis project in Shirvan. Also, a part of the investments has been allocated to Az Inforge Sfrain project and the capital increase of Novin Gostar Soren Pajan Company.

The Director General of Economic Affairs and Finance of North Khorasan further pointed to the note credits and said: Out of the total of 1,20 billion Tomans of Note 18 credits, 968 billion Tomans have been paid to 608 projects so far. Also, about 45% of the returning resources of Note 18 has been paid in the form of Note 2, and 18% has been paid from the credits of Part 1 of Note 2.

Bojnordi also announced the identification of 71 government surplus properties in the province and added: Of these, 43 properties have received the approval of the provincial working group and 26 properties have received the approval of the national production working group. So far, there has been a transfer related to the Esfrain substation, from which 225 billion Tomans have been added to the resources of the Industrial Settlements Company.

He pointed out that the resources obtained from the production of government surplus properties can be used to finance and complete the half-finished projects of the province, according to the priorities of each city.

In the end, referring to the state of government vehicles in the province, Bojnordi said: out of a total of about 1,100 vehicles belonging to 46 executive bodies, nearly 200 vehicles have reached the age of wear and tear, and due to the limited financial resources, the renewal of the fleet of executive bodies needs attention and follow-up.