Iraqi Cabinet allocates $34m for Emergency Electricity Work

By John Lee.

Prime Minister Mustafa Al-Kadhimi chaired the regular session of the Iraqi cabinet on Tuesday.

Addressing the ongoing crisis in electricity supply, the cabinet agreed to allocate 50 billion Iraqi dinars ($34 million) for emergency expenses and maintenance of the electricity infrastructure.

This will be achieved by profitable Ministry of Oil companies lending the funds to the Ministry of Electricity companies.

(Source: Govt of Iraq)

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