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HomeFinancialContractors Financial Dues Receive Prime Minister Attention

Contractors Financial Dues Receive Prime Minister Attention

Prime Minister Mohammed Shia’ al-Sudani confirmed that he is actively addressing contractors’ financial dues across Iraq. In particular, the announcement followed a Wednesday meeting in Baghdad with the head of the Iraqi Contractors Union, Ali Fakher al-Sanafi. Consequently, the government emphasized immediate actions to settle outstanding payments and strengthen Iraq’s infrastructure sector.

Al-Sudani stated that the private sector remains a key partner in implementing development solutions. Furthermore, he explained that the government will provide all necessary facilities for major projects. These projects have already contributed to infrastructure improvement and better public services. As a result, this support is expected to accelerate economic growth and improve project delivery.

The prime minister also said he would personally oversee ongoing projects and their implementation stages. Therefore, he instructed officials to closely monitor contractors financial dues and ensure timely payments. These measures aim to reduce financial pressures on contractors and boost confidence in the construction industry.

The Iraqi Contractors Union highlighted that delayed payments have hindered project progress. For example, several high-value projects face setbacks because contractors wait for dues. Accordingly, al-Sudani’s actions respond to these concerns, emphasizing that timely payments will maintain workforce stability and project momentum.

Government officials added that clearing contractors financial dues will encourage private sector investment. In particular, prompt payments will allow contractors to manage cash flows, hire staff, and secure resources for new initiatives. Consequently, this approach should improve sector efficiency and support sustainable economic activity.

Economic analysts suggest that the government’s focus on contractors financial dues can enhance investor confidence. Moreover, predictable payments increase transparency and encourage private sector participation. In addition, projects are less likely to face delays caused by funding interruptions.

Looking ahead, the prime minister’s office plans to implement a follow-up mechanism to track payments and project milestones. Officials will coordinate with contractor representatives to accelerate disbursements. Ultimately, these steps aim to ensure timely completion of infrastructure projects and support Iraq’s economic recovery.

By resolving contractors financial dues, the government strengthens public-private collaboration. Therefore, this effort will improve infrastructure quality, maintain project momentum, and reinforce trust with private construction firms.