Iraq approves the lending strategy, 24 JUNE

Iraq approves the lending strategy

Baghdad – Mawazine News
The Ministerial Council for the Economy approved, on Monday, the national lending strategy, while decided to hold a special session of the Council, in the Kurdistan region, to solve all outstanding economic problems.
This came during a meeting held under the chairmanship of Foreign Minister Fuad Hussein, the 18th session of the Ministerial Council for the Economy, in the presence of the Deputy Prime Minister, the Minister of Planning, the Ministers of Finance, Trade, Agriculture, Industry, Labor and Social Affairs, the Secretary-General of the Council of Ministers, the Governor of the Central Bank of Iraq, the advisers to the Prime Minister for Economic and Legal Affairs, the Chairman of the Securities Commission, and the Undersecretary of the Ministry of Oil.

The Council discussed, according to a statement received by the Mawazine News Agency, the paragraphs on its agenda and took the necessary decisions on them, and approved the request of the Ministry of Transport to refer the project of extending a railway between the city of Basra and the Shalamja port as far as it is related to the financial powers.

The Council approved the national lending strategy after the Governor of the Central Bank presented a summary of the strategy and what the bank implemented during the previous lending initiatives, and also decided to hold a special session to discuss all opinions, ideas and proposals for maximizing the state’s non-oil revenues.

The Council approved, according to the statement, that the General Company (Or) affiliated with the Ministry of Industry will purchase the damaged and damaged wires from the Ministry of Electricity and its formations in all for a price to be agreed between the two parties.
The Council reviewed the technical report prepared by the Ministry of Commerce on the reality and work of the civil mills, and decided to support the ministry’s measures to improve the quality of flour production provided to citizens as well as approve the transfer of ownership of the mills.
The Council also agreed to cancel the withdrawal of work from the company implementing the contract of Thahir (16) a spherical tank to reach the completion rates to final stages, and the Council decided at the request of the Ministry of Agriculture to open the import of winter crops (halana, carnabablo, lettuce, slgum and shunder).

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