Al-Sudani announces budget details and launches an oil and gas project
Al-Sudani announces budget details and launches an oil and gas project
2023-08-02 11:04
Shafaq News/ The Prime Minister, Muhammad Shia’a Al-Sudani announced, on Tuesday, details of the tripartite budget for the years 2023, 2024, and 2025.
“We anticipated the three-year budget by preparing the requirements of our plans,” Al-Sudani said in a press conference followed by Shafaq News Agency, adding, “We put Article Three in the budget, which provides a sovereign guarantee to the private sector.”
He pointed out that “an Iraqi delegation visited Germany and Italy and agreed in principle to import production lines to establish factories,” pointing out that “these factories will be covered by a government sovereign guarantee for the private sector at 85% of their value.”
In a separate context, the Prime Minister said, “Tomorrow, a session will be held in the presence of political forces and technicians from the Federal Ministry of Oil, the Ministry of Natural Resources in the Kurdistan Regional Government of Iraq, and jurists to discuss the draft oil and gas law.”
Regarding the power outage, Al-Sudani said, “There are question marks about the electricity accident on the tenth day of Muharram.”
“When there is willful negligence, it must be such an accident,” he added.
shafaq.com
