Wednesday, January 3, 2024

NEWS ANALYSIS OF IRAQ BY MNT GOAT, 3 JAN

 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.  )  

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

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During 2023.. Iraqi drilling will complete the drilling and reclamation of 199 oil wells, 3 JAN

During 2023.. Iraqi drilling will complete the drilling and reclamation of 199 oil wells


The Ministry of Oil announced today, Tuesday, that the technical and engineering personnel of the Iraqi Drilling Company completed the drilling and reclamation of 199 oil wells during the past year 2023.

The Director General of the Iraqi Drilling Company, Khaled Hamza Abbas, said in a statement, a copy of which was received by NRT Arabia, that “the company’s technical and engineering staff completed the drilling of 67 oil wells in addition to the restoration of (132) oil wells during the past year 2023 in the Iraqi oil fields in the cities of North, center and south.

Abbas praised “the national effort of the company’s technical and engineering teams, which have accumulated experience and skill, their reliance on modern methods in internationally approved drilling operations, and their commitment to quality performance and health, safety and environmental standards, and in accordance with the requirements of the standard specifications of the integrated management system that the company applies.”

nrttv.com

FOREIGN MINISTER: IRAQ HAS NOW BECOME MORE STABLE BY MNT GOAT, 3 JAN

 FOREIGN MINISTER: IRAQ HAS NOW BECOME MORE STABLE

Deputy Prime Minister and Minister of Foreign Affairs, Fuad Hussein, confirmed today, Friday, that Iraq has now become more stable, pointing to the success of the provincial council elections.

A statement from the ministry, a copy of which was received by NRT Arabic, said: “Deputy Prime Minister and Foreign Minister Fouad Hussein, and his accompanying delegation met with Dutch Foreign Minister Hanke Probens Salwa, at the headquarters of the Dutch Ministry of Foreign Affairs.”

The statement added, “At the beginning of the meeting, Salwa welcomed the Deputy Prime Minister, and pointed out the importance of the meeting in light of the ongoing escalation in Gaza and the Middle East.”

The Deputy Prime Minister and Minister of Foreign Affairs stressed, according to the statement, that Iraq has now become more stable, pointing to “the success of the provincial council elections in Iraq that took place recently, calling on the Netherlands to participate in a greater role in Iraq, especially in the areas of water and agriculture.”

He stressed, “Iraq seeks to spare the Palestinian people all the tragedies to which they are exposed as a result of the Zionist aggression against Palestinian cities.”

For her part, the Dutch Foreign Minister stressed “the importance of her country’s broader participation in the projects implemented by Iraq.”

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

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Parliament is awaiting the 2024 budget.. What are the most prominent changes expected? – Urgent, 3 JAN

Parliament is awaiting the 2024 budget.. What are the most prominent changes expected? – Urgent

Baghdad today – Baghdad

The Parliamentary Finance Committee confirmed, today, Tuesday (January 2, 2024), that the House of Representatives is awaiting the arrival of the 2024 budget schedules from the Council of Ministers to review and vote on them.

Committee member Jamal Kujar told Baghdad Al-Youm, “The House of Representatives is awaiting the arrival of the 2024 budget schedules so that it can review and vote on them. The government cannot spend anything different from the previous budget unless it is informed and approved by Parliament.”

Cougar stated, “We believe that the 2024 budget schedules and disbursements will be different from the 2023 budget, and that is why we are awaiting their arrival at the beginning of the new legislative term in the middle of this month, and we believe that passing them will be easy without any obstacles.”

Last year, Parliament voted on a three-year budget worth 199 trillion dinars per year, while the current year’s 2024 budget is expected to witness changes in some details, including the mechanism for paying the Kurdistan region’s share, the cost of extracting a barrel of oil in the region, the shares of foreign companies, and linking the salaries of employees. Kurdistan in Baghdad directly, away from the financial disputes between Baghdad and Erbil.

Iraq ranks fourth in the Arab world among the world’s largest economies for 2025, 27 NOV

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