Abadi adviser: the privatization of electricity availability of 7 trillion dinars to the state treasury

Abadi adviser: the privatization of electricity availability of 7 trillion dinars to the state treasury

24.11.2016 at 10:24 (Baghdad time)

Abadi adviser - the privatization of electricity availability of 7 trillion dinars to the state treasurySpecial scales News
Economic Adviser to the Prime Minister revealed the appearance of Mohammed Saleh, Thursday, that the privatization of the electricity sector provides 7 trillion dinars to the state treasury.
Saleh said, L / balance News /, “The power to impose tariffs were within the terms of the World Bank loan fund, and it has been included in the budget next year.”
He added that “electricity tariffs are as follows, that the state spent annually 13 trillion dinars and returning less than a trillion and a half of any 1.3 trillion,” noting that it “contains many Ziaat, the size of these Alziaat estimated at 40% of electricity, some of them due to the deterioration of the networks and the other section the attack on the networks. ”
She stressed that “counting the presence of justice in electricity consumption. For this basis, there are two types of electric tariff,” However, he noted that “category includes the old consumption, which covers the basic needs of a house the old tariff, and the second is that the tariff increase with the increase in consumption.”
The economic adviser, that “the imposition of tariffs to achieve meaningful results by providing revenue for the state of consumers, in addition to addressing the excesses of the basis of the principle of privatization of distribution.”
He pointed out the benefit, they “contribute to increased electricity revenues of 1.5 trillion to 7 trillion per year, and these are called non-oil revenues and the achievement of resources without the need to borrow” .anthy 29 / A 43

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