Electricity Expenditure in Iraq "10x Higher than Needed"

From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News.

Electricity expenditure in Iraq 10 times higher than actual need: NGO

The money spent on Iraq's electricity sector is 10 times higher than what is actually required to provide full power supply, the head of a non-governmental organization said Wednesday, as Iraq continues to struggle with chronic electricity shortages ahead of a difficult summer season.

Mohammed al-Rubaie, head of the head of the Al-Nahrain Foundation for Transparency and Integrity, told Rudaw that "the money spent on electricity is 10 times more than the amount Iraq needs to have a full power supply."

Click here to read the full article.

Related posts:

KRG Expands Electricity Capacity Kurdistan Region Electricity Reform and the "Runaki" Project Partners Sign Key Contracts for Iraq's Gas Growth Integrated Project