KTFA More News, Rumors and Opinions Saturday Evening



Clare:  Al-Sudani: Energy projects are available in Iraq and our doors are open to foreign companies for investment




The Prime Minister, Muhammad Shia’a Al-Sudani confirmed, on Saturday, that energy projects in Iraq are available for investment, calling on foreign companies to invest in all sectors in the country.


This came during his hosting of a press conference on the sidelines of the Munich Security Conference held in Germany.


Al-Sudani said during that symposium, “Iraq’s hands and arms are open to any party wishing to work in the commercial and economic sector,” stressing the desire to increase, develop and strengthen investment in Iraq.


He added that investment is in Iraq, and investors are working in the field of electricity and trade in it, stressing the need for more foreign investors to come to the country.


Al-Sudani added that investment in energy projects is currently available in Iraq, and that his government provides all facilities to attract investors from outside the country to work in all sectors.   LINK


Godson:  IMO.. We should see something by Wednesday the middle of the month.. Hard to stop something that’s moving at the speed of light.


Paulette:  IMO…… Shaban starts Wednesday…….Separation….. good deeds and charity performed that were planned in Rajab…..




Clare:  The Cabinet Secretariat is preparing to conduct a media campaign to encourage the use of electronic payment devices




Today, Saturday, the General Secretariat of the Council of Ministers set the date for starting work with electronic payment devices (POS), in implementation of the Cabinet’s circular decision issued on January 17th.


A spokesman for the General Secretariat of the Council of Ministers, Haider Majeed, told the Iraqi News Agency: “The General Secretariat of the Council of Ministers, through the Department of Cabinet Affairs and the concerned committees, is following up on the implementation of the decisions issued by the Council of Ministers, especially work at points of sale via electronic payment (POS), as there is a section Especially in the Department of Cabinet Affairs and Committees to follow up the implementation of these decisions, in addition to there are timetables that are set for the implementation of the decision.


He added, “The government media team in the prime minister held a meeting with the Central Bank of Iraq and the Ministry of Finance, and there is also communication with the Association of Iraqi Banks for the need to develop a tight media plan to show the importance of these devices and the ease of use.”


He pointed out that “electronic payment devices will facilitate all cash transactions for citizens in official state institutions, private sector institutions, shops, markets, gas stations, hotels and medical clinics,” explaining that “the media campaign will start soon to educate the public about the benefits of these devices, which are scheduled to start working.” in early June of this year.


Earlier, the Central Bank of Iraq confirmed that the use of POS electronic payment tools will be circulated in the government and private sectors in a binding manner.   LINK