Sunday Evening Iraq Economic News Highlights 9-18-22
Parliamentary Finance Comments On The Exit Of The Food Security Law By The End Of 2022
Time: 09/18/2022 {Economic: Al Furat News} Parliamentary Finance clarified, on Sunday, that the Food Security Law will be out of force by the end of 2022, indicating that the next government will implement the security provisions in accordance with the law.
Jamal Cougar, a member of the Parliamentary Finance Committee, told {Euphrates News}, “With regard to the exit of the emergency support law for food security and development at the end of the current year, the law is divided into two parts. The next government will implement these clauses in accordance with the law.”
“There are assignments in the law that need to be spent on procedures and completion of transactions related to those assignments, and this is what caused the delay in completing the paragraphs that need administrative measures.” From.. Raghad Daham https://alforatnews.iq/
Document .. The Iraqi Ministry Of Oil Increases The Price Of Gas Supplied To Cars
2022-09-18 03:50 Shafaq News/ The Ministry of Oil decided to raise the price of gas supplied to cars to 300 dinars, after it was 200 dinars per liter.
It also decided, according to a document issued by the ministry, to raise the prices of installing the gas system for cars, starting next month. LINK
The Federal Court Sets September 21 As The Date For Issuing A Decision Regarding The Formation Of The Iraqi Oil Company
Electricity Says It Has Achieved Unprecedented Energy Production
Electricity says it has achieved unprecedented energy production Calendar 2022/09/18
Views 22 Baghdad / Al-Mawrid News Today, Sunday, the Ministry of Electricity announced the registration of an unprecedented production of electrical energy exceeding 24047 megawatts.
A statement by the ministry stated that “its national staff, under the direct supervision of the Minister of Electricity, Adel Karim, achieved an unprecedented production of the electric power system, which reached 24047 megawatts, which is the highest production load that the system has reached since its establishment, and that there is high and remarkable stability to equip citizens with electricity.”
The ministry added, according to its statement, “We worked hard and started reaping the fruits of the efforts of our working staff, who worked day and night, despite security, economic and financial challenges, and the decline and rise of national gas and resource emissions, and despite a health pandemic in which the heroes of the Ministry of Health were the first blocking line, and our angels were (first service line). ), to sustain the momentum of work and serve the citizens.
And he continued, “There is a permanently held operations room that has not left its meetings for months, and with direct supervision, follow-ups and field tours from the Minister of Electricity and Advanced Staff, high coordination with the central government, and great support from Prime Minister Mustafa Al-Kazemi, the Mujahideen and heroes of the Ministry of Electricity continue their work to increase production and introduce Transmission lines to achieve sufficient availability that was not achieved before, rehabilitation of the distribution sector and an increase in the number of fixed and mobile substations.
She pointed out that “today, it achieved the highest production of the Iraqi electrical system since the date of its establishment, and with high stability,” noting that “in the event of budgets being available, we would have implemented the short ceiling of the ministry’s plan within one year, which was going by increasing and adding seven thousand new megawatts.”
She pointed out that “it is hoped (in the coming days) to achieve a higher increase in production by introducing a number of stations and production units to be more than 1,000 new megawatts, by adding the Salah al-Din Thermal Power Plant, Rumaila Compound, Maysan Compound, and Shatt al-Basra.”
It affirmed the continuation of its plans to introduce combined cycles and cooling systems in all gas stations, in addition to proceeding with projects of solar power plants, waste recycling, and electrical interconnection projects, which will achieve high reliability and great stability for the electrical network.
It sent senior officials.. Italy reassures the stages of building the “largest” churches of the Middle East in southern Iraq
Shafaq News/ The Inspectorate of Antiquities and Heritage of Dhi Qar announced on Sunday the reasons for the high-level Italian delegation’s visit to the governorate, indicating that the visit will last for two days.
Director of Antiquities Shamil Al-Rumaid told Shafaq News Agency, “The Italian delegation consists of the Italian ambassador in Iraq, the Italian Undersecretary of the Ministry of Culture, and the Director General of the Italian Ministry of Culture, and the purpose of the visit is to support the rebuilding of the infrastructure of the governorate’s antiquities.”
And he indicated that “the delegation will continue its visit for two days, to be interspersed with an overnight stay in Basra Governorate.”
Al-Rumaidh explained that “on the first day of its visit, the delegation was briefed on Ur’s historical ziggurat, the tourist city and the stages of building the largest church in the Middle East in Dhi Qar Governorate. In the afternoon, it will visit the ancient city of Eridu, where one of the Italian missions will excavate in the third season.”
He explained that “the delegation will leave the province in the evening towards Basra province to stay there, and will return tomorrow morning to visit the ancient city of Al-Warka in the Muthanna province, then the Archaeological Museum in the province and then leave for the capital, Baghdad.”
Al-Rumaid added, “Dhi Qar will receive two archaeological missions during the coming period, from America to excavate in Ur, and from Britain to excavate in the city after the archaeological site in Al-Nasr District, north of the province.”
For his part, the Italian Ambassador, Maurizio Cricante, said in a press conference attended by Shafak News Agency, that “Iraq has civilized and cultural landmarks as it exists in Italy, and that the latter has great experience in the field of reconserving antiquities and has provided wonderful services in Iraq since 2003 until now.” As it was able to provide this country with 30 archaeological excavations, as well as other works in the country’s national museums. LINK
The Conclusion Of A Joint Iraqi-Syrian Conference On The Water Crisis And Climate Change
Shafaq News/ The activities of the joint Iraqi-Syrian bilateral meeting on launching the ninth edition of the International Hydrological Program concluded in the Syrian capital, Damascus.
The Iraqi Ministry of Water Resources stated, in a statement received by Shafaq News Agency, that the conference was chaired by Minister Mahdi Rashid Al-Hamdani, Syrian Minister of Water Resources Tammam Raad, and attended by the technical agent authorized with the powers of the Iraqi Minister of Environment Jassem Abdul Aziz Al-Falahi, and the Iraqi charge d’affaires in Damascus Yassin Sharif.
Emphasizing during the closing speeches delivered by the ministers the necessity of continuing joint action to reach the desired results, joint coordination and unification of positions to obtain the two countries’ water rights in light of the lack of water revenues and climate changes in a manner that meets the two countries’ water requirements and ensures the well-being of their peoples.
The meeting concluded with the signing of joint minutes between the two sides, the most important of which included the implementation of integrated management of water resources, achieving sustainable development goals, harnessing technology, science and research, and confronting the extreme effects of climate.
The meeting agreed that the second meeting of the program will be held in the capital, Baghdad, in the near future, according to the statement. LINK
Iraq Increases Its Holdings Of US Bonds By More Than 2.5 Billion Dollars
Shafaq News/ The US Treasury announced, on Sunday, that Iraq increased its holdings of US bonds to more than 2.5 billion dollars during the month of July.
The Treasury said in its latest schedule, seen by Shafak News Agency, that “Iraq’s possession of US Treasury bonds for the month of July of 2022 increased by 2.622 billion dollars, or 8.2%, to reach 34.587 billion dollars, after it was 31.965 billion dollars in the month of June,” indicating That “these bonds rose from the same month last year 2021, when Iraq’s possession of bonds amounted to 19 billion dollars.”
She added that “Iraqi bonds, including long-term guarantees amounting to 14.149 billion dollars and short-term guarantees amounting to 20.393 billion dollars,” noting that these bonds represent 0.45% of the world’s bonds.
In the Arab world, Saudi Arabia comes at the forefront of the most possessing countries, reaching 121.611 billion dollars, Kuwait comes second with 49.377 billion dollars, the UAE comes third with 41.315 billion dollars, then Iraq is fourth and Oman fifth with 6.996 billion dollars, then Morocco with 3.783 billion dollars.
She pointed out that “the largest holder of US bonds is Japan, with a value of 1,234.289 trillion dollars, followed by China, with 970.014 billion dollars, followed by the United Kingdom, with 634.628 billion dollars, and then Luxembourg with 304.218 billion dollars.” LINK
“Unprecedented” .. Electricity: Our Production Reached 24 Thousand And 47 Megawatts
Energy Economy News _ Baghdad On Sunday, the Ministry of Electricity announced that it had achieved an unprecedented production in energy savings, while noting that it had saved more than 24 thousand megawatts.
The ministry said in a statement, “Our national staff, under the direct supervision of the Minister of Electricity, Adel Karim, has achieved an unprecedented production of the electric power system, which reached 24047 megawatts, which is the highest production load that the system has reached since its establishment,” noting that “there is high and remarkable stability to equip citizens with electricity.” “.
And she added, “We worked hard and started reaping the fruits of the efforts of our working staff, who worked day and night, despite security, economic and financial challenges, and the decline and rise in national gas and resource emissions, and despite a health pandemic in which the heroes of the Ministry of Health were the first line of resistance, and our staff (first service line), to maintain momentum work and serve the citizens.
And she continued, “With a permanently held operations room, and a crisis cell that did not leave its meetings for months, and with direct supervision, follow-ups and field tours from the Minister of Electricity Adel Karim, the advanced staff, high coordination with the central government, and great support from Prime Minister Mustafa Al-Kazemi, the Mujahideen and Heroes of the Ministry Electricity has worked to increase production and introduce transmission lines to achieve sufficient availability that was not achieved before, qualify the distribution sector and increase the number of fixed and mobile transformer stations, in order to serve our great Iraq and our citizens.
She stated that “what the ministry has achieved is the highest production since the date of its establishment, and with high stability,” pointing out that “if the budgets were available, we would have proceeded with implementing the short ceiling of the ministry’s plan within one year, which was going to increase and add seven thousand new megawatts.”
The ministry expected “to achieve a higher increase in production in the coming days by introducing a number of stations and production units to be more than 1,000 new megawatts, by adding the Salah Al-Din Thermal Power Plant, Al-Rumaila Compound, Maysan Al-Mosabah, and Shatt Al-Basra,” pointing out that “we are proceeding.”
Our plans to introduce combined cycles and cooling systems in all gas stations, in addition to proceeding with projects of solar power plants, waste recycling, and electrical interconnection projects, which will achieve high reliability and great stability for the electrical network.”
14 . views Added 09/18/2022 – 3:13 PM Update 09/18/2022 – 3:21 PM
https://economy-news.net/content.php?id=29757
