LAUNCH OF THE ELECTRONIC CARD PROJECT DURING THE NEXT YEAR 2024.
Baghdad / Nina / The Petroleum Products Distribution Company, one of the formations of the Ministry of Oil, announced on Saturday the launch of the electronic card project during the next year 2024.
The general manager of the Petroleum Products Distribution Company, Hussein Talib, told the official agency: “The oil voucher is considered expired and not effective with the expiration of the specified period for its use and the launch of the new voucher when the processing rates reach 90%.”
Talib added that “the fuel card contains four vouchers, each voucher in exchange for a quota launched for a period of time, and when not exhausted by the citizen, it will not remain for the next winter season, but ends in this season.”
“This issue will end, and there will be automation and an electronic card (prepaid card and oil at the same time) ,” he said.
He stressed that “during the year 2024, this project will be launched after the distribution company with the authorized banks adopted the launch of an electronic card that will be a prepaid card and a fuel card.”
(I want to emphasis again this is NOT the CBDC in Iraq !!! It is basically a gas cash card that the citizen buys with govt rationing of gas. The gasoline purchases are limited. )
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