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Tag Archives | state subsidies

No Change to Iraq's Subsidized Electricity Prices

By on 10th December 2025 in Iraq Industry & Trade News

By John Lee. The Iraqi Ministry of Electricity has denied reports of any increase in electricity tariffs, describing circulating claims as false and misleading. The ministry said the current tariff remains fully subsidised and unchanged, with the residential rate set at IQD 10 per kilowatt-hour (approximately USD 0.008). It added that the state continues to […]

Iraq Signs 3 New Private Sector Partnerships

By on 17th September 2024 in Construction & Engineering In Iraq, Iraq Industry & Trade News

By John Lee. Iraq's Prime Minister, Mohammed Shia' Al-Sudani, emphasized the importance of private sector partnerships to reduce reliance on imports and meet domestic industrial needs. On Thursday, Al-Sudani oversaw the signing of three industrial contracts with private companies to boost production in the fertilizer and chemical sectors: A 1 million ton/year urea fertilizer plant […]