Iraq to sign new maintenance contracts with General Electric, 15 MARCH

Iraq to sign new maintenance contracts with General Electric

General Electric (GE) said on Thursday that it will enter into long-term maintenance contracts with the Iraqi Ministry of Electricity, with a production capacity of about 9,000 megawatts.

GE also announced its intention to incorporate digital technologies into energy production in Iraq.

Rashid Al-Janabi, the company’s director in Iraq, said in a statement that GE is presently exploring long-term maintenance contracts in Iraq to ensure energy supply from the company’s gas-powered power facilities.

Al-Janabi highlighted that, in addition to establishing monitoring, control, and diagnostic centers to maintain and improve the system’s performance, the agreement with the Ministry of Electricity will greatly speed investment.

The agreement will entail the creation of a training center to improve the professional skills and leadership abilities of the Ministry of Electricity’s personnel.

The use of digital technology will improve and boost production capacity, as well as the efficiency of the units, allowing for the best possible output.

"RV UPDATE" BY FRANK26, 15 MARCH

 Frank26 

  There was an announcement made by the Prime Minister Sudani...He told the Iraqi citizens, I'm going to add value to your currency.  He used a solemn oath that swears upon Allah their God.  You don't go around breaking that promise.

  It was exciting to realize the Prime Minister told the people, I assure you, I give you a solemn holy oath were going to add value to the currency... Sudani told the citizens we're going to raise it to $1.32...He explained if we lift the 3-zeros from the exchange rate we'll be able to give you $1.32 in country.  That's good purchasing power.

🔥 Iraqi Dinar 🔥 Float RATE OF Dinar $1.32 🔥 Guru News Exchange Rate Tod...

America clarifies its goal of exempting Iraq from importing Iranian energy!, 15 MARCH

 America clarifies its goal of exempting Iraq from importing Iranian energy!

The US State Division expressed the justification for the exceptions conceded to Iraq to import gas and energy from Iran notwithstanding the approvals, noticing that the exclusions expect to offer Iraq a chance to lessen its imports and decrease its reliance on Iran, and Iraq prevailed with regards to diminishing its energy imports from Iran by half during the previous 10 years.

US State Division representative Matthew Mill operator said that the exception, which terminates toward the finish of this current month, has been reestablished for the 21st time. These exceptions were given consistently to Iraq, and date back to 2018 under the past organization.

Mill operator brought up that the cash that Iran acquires from offering power to Iraq isn’t permitted to enter Iran, adding that the cash is kept in limited accounts and must be utilized in exchanges to buy food, medication, clinical gadgets, and agrarian items, as well as “different exchanges that are not controlled.” For discipline.

He made sense of that piece of the US’s more extensive objective is to move Iraq away from depending on Iran to give power, since that is these exclusions’ specialty.

Mill operator brought up that Iraq has gained genuine headway on its way towards accomplishing energy adequacy starting around 2020, taking note of that it diminished its imports of Iranian energy by the greater part throughout the last ten years, and multiplied its electrical energy age, and we will keep on working with them and backing them in their endeavor to become free in the field of energy. .

Iraq imported 297 billion cubic feet of gas in 2021, contrasted with 364 billion cubic feet in 2020, then, at that point, it expanded somewhat to 333 billion cubic feet in 2022.

"REMOVING SANCTIONS FROM 14 IRAQI BANKS" BY FREEDOM FIGHTER, 15 MARCH

 FREEDOM FIGHTER

🇮🇶 CBI announces an “understanding” with US Treasury about removing sanctions from 14 Iraqi banks 🏦 

🇮🇶IRAQ states removing the sanctions from those 14 banks will help increase the value of the Iraqi Dinar 

Why❓

✅Because it will allow those 14 banks to trade internationally which helps increase the demand for the Iraqi Dinar 

https://shafaq.com/en/Iraq/CBI-announces-an-understanding-with-the-US-Treasury-t-reconsider-sanctions-and-points-t-illicit-trade

Iraqi Dinar🔥$1.32 Floating Rate Of Iraqi Dinar Today 2024🔥iraqi dinar ne...

Al-Sari: The proposal to amend the electoral law targets the regime… and reveals important details about the 2024 budget {expanded}, 15 MARCH

Al-Sari: The proposal to amend the electoral law targets the regime… and reveals important details about the 2024 budget {expanded}

The top of the State Powers parliamentary coalition, Faleh Al-Sari, considered the proposition to correct the constituent regulation “focusing on the political framework,” uncovering “significant insights about the 2024 financial plan plans.”

Al-Sari said in a meeting with the Ramadan program {Before Suhoor} broadcast on Al-Furat satellite station after 12 PM, “There is a proposition to correct the political race regulation, and this objectives the political framework and soundness in the political cycle, and we preclude its entry.”
He added, “There is no constituent regulation that ensures various voting public, and Holy person Lego exists inside numerous bodies electorate.”
Concerning financial year of 2024, Faleh Al-Sari, an individual from the Parliamentary Money Board, made sense of, “The 2024 spending plan contains no texts, just tables, dislike the 2023 spending plan, which contains texts.”
That’s what he expressed “the 2024 timetables rely upon the overall portions for 2023, and they vary enormously on the grounds that the volume of incomes and consumptions rely upon last year, and the 2024 spending plan might surpass its past uses and may arrive at 300 trillion dinars, with a distinction of 100 trillion,” taking note of that “costs can be decreased by barring projects, expanding the volume of incomes and conveying Ventures more than quite a while and lessening the hole between the two years,” focusing on that “we have not yet gotten the timetables from the public authority.”
He guaranteed, “The choices of the Government High Court are restricting on all specialists and nobody can abrogate them,” taking note of that “the arrangement in regards to the compensations of workers in the Kurdistan district is to go towards the limitation of the locale’s pay rates, and they say that the imperfection in the parts of the administrative banks in Kurdistan is en route to being tended to.”
That’s what he trusted “the work and execution of the Monetary Management Agency isn’t agreeable, and we gauge it at 70%,” adding that “the escape clause and imperfection in monetary oversight is the absence of reference to the legal executive subsequent to examining the blamed.”
He focused, “The robotization of customs should be initiated as the public authority is doing now, however there is a deterrent from representatives and customs freedom elements – which he didn’t name – that don’t need computerization.”
Al-Sari brought up that “there are extravagance things imported in immense amounts that are not equivalent with the volume of viable spending, and little traditions expenses are paid for their entrance.”
He uncovered, “There was a purposeful separation of the Web at the ports to upset traditions mechanization, and the public authority should strive to defy this harm.”
Al-Sari, who has a place with the Muthanna Governorate, guaranteed the Jumima line crossing in Muthanna with Saudi Arabia that it is “like a fantasy for individuals of the governorate.”
He added, “In a past visit to the {current} Lord of Saudi Arabia, I mentioned the kickoff of the port, and the previous Saudi Unfamiliar Clergyman Adel Jubeir guided me to follow up, and the priest vowed to open the port after the launch of Arar.”
He focused on that “Saudi Arabia vowed to set up the framework for the port and carry out what is expected of it, and this discussion occurred a half year prior,” uncovering the expectation to “structure a designation to visit the port and address the public authority, particularly the Boundary Ports Authority, which has finished its methods in such manner.”
Al-Sari focused on that “there is extraordinary Saudi status to open the port and there will be another financial circumstance for Muthanna,” taking note of that “Muthanna drives the territories in the size of public venture projects.”
That’s what he trusted “Clergyman of Money, Taif Sami, is a lady with the qualities of a man and knows about her work. She has encountered every one of the subtleties of spending plans starting around 2006. She is fruitful in dealing with the financial plan and was more effective in her past situation as Chief General of the Spending plan Division than in the ongoing place of clergyman, considering that she started to take on the political job in the ecclesiastical position.”