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Iraq and the World Bank sign an agreement to develop electricity in the southern provinces

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world - Iraq and the World Bank sign an agreement to develop electricity in the southern provinces Empty Iraq and the World Bank sign an agreement to develop electricity in the southern provinces

Post by rocky on Sun 07 Jul 2019, 9:56 am

[size=36]Iraq and the World Bank sign an agreement to develop electricity in the southern provinces[/size]

Economy | 02:29 - 07/07/2019

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BAGHDAD - Mawazine News 
Iraq and the World Bank signed an agreement on Sunday to develop the electricity sector in the southern provinces. 
"The Deputy Prime Minister for Economic Affairs and Minister of Finance Fuad Hussein signed with the World Bank Representative in Iraq Yara Salem today a project agreement aimed at developing and strengthening the system," said the Information Office, Deputy Prime Minister for Economic Affairs and Minister of Finance. Electricity in the southern provinces, "noting that" this comes in application of the government program to strengthen the relationship between Iraq and the international community and benefit from the expertise of international organizations. " 
"The project will contribute to the increase in electricity supply and regularity, in addition to the reconstruction and rehabilitation of the network of transmission lines and distribution and the installation of new lines and substations and information systems that enhance the ability of the network to deliver electricity to citizens."
The project will serve 2.5 million citizens in the governorates of Basra, Muthanna, Dhi Qar and Maysan.




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world - Iraq and the World Bank sign an agreement to develop electricity in the southern provinces Empty Minister of Finance: Signing an agreement with the World Bank to develop the electricity sector in t

Post by rocky on Sun 07 Jul 2019, 10:13 am

Minister of Finance: Signing an agreement with the World Bank to develop the electricity sector in the southern governorates

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Iraq and the World Bank on Sunday signed a $ 200 million loan agreement to improve energy in the southern regions. 
" The agreement comes as part of the joint work with the [url=https://www.thebaghdadpost.com/ar/Story/t/940/%D8%A7%D9%84%D8%A8%D9%86%D9%83 %D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%8A][size=13]World Bank
[/url] to support projects and provide services to citizens," [url=https://www.thebaghdadpost.com/ar/Story/t/211/%D9%88%D8%B2%D9%8A%D8%B1 %D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9]Finance Minister[/url] Fuad Hussein said in a statement , noting that "the agreement comes mainly to support electricity projects in the southern provinces." "The country has problems not in production, but in the transmission and distribution of electric power," he said, pointing out that "this agreement comes in the area of ​​solving part of the problem in the province of Basra and its neighboring provinces"



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world - Iraq and the World Bank sign an agreement to develop electricity in the southern provinces Empty Iraq and the World Bank sign a $ 200 million loan agreement to improve energy

Post by rocky on Sun 07 Jul 2019, 10:19 am

[size=35][size=35]Iraq and the World Bank sign a $ 200 million loan agreement to improve energy[/size]

2019-07-07 06:42
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[size=18]Iraq and the World Bank on Sunday signed a loan agreement worth 200 million dollars to improve energy in the southern regions of Iraq.


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"The agreement comes within the framework of joint work with the [url=https://www.alsumaria.tv/Entity/44808/%D8%A7%D9%84%D8%A8%D9%86%D9%83 %D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%8A/ar/]World Bank[/url] to support projects and provide services to citizens," Finance Minister Fuad Hussein said in an interview with Alsumaria News. " The agreement comes mainly to support electricity projects in the southern provinces."






 
"The country has problems not in production, but in the transmission and distribution of electricity," he said, adding that "this agreement comes in the area of ​​solving part of the problem in the province of [You must be registered and logged in to see this link.] and neighboring provinces."
 
For its part, said [url=https://www.alsumaria.tv/Entity/44808/%D8%A7%D9%84%D8%A8%D9%86%D9%83 %D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%8A/ar/]World Bank[/url] representative [url=https://www.alsumaria.tv/Entity/339483501/%D9%8A%D8%A7%D8%B1%D8%A7 %D8%B3%D8%A7%D9%84%D9%85/ar/]Yara Salem said[/url] in an interview with Alsumaria News that "the project will serve the southern provinces that suffer from the problem of distribution and the transfer of electricity," noting that "the provinces covered are [You must be registered and logged in to see this link.] , [url=https://www.alsumaria.tv/Entity/133543/%D8%B0%D9%8A %D9%82%D8%A7%D8%B1/ar/]Dhi Qar[/url] , [You must be registered and logged in to see this link.] and [You must be registered and logged in to see this link.] ."
 
She explained that "the value of the loan that was agreed upon is 200 million dollars and the completion period of the project is 5 years," indicating that "repayment of the loan will be for a period of 10 to 15 years."
 
The [You must be registered and logged in to see this link.] suffers from frequent interruptions in electrical power and increases in summer temperatures rise, forcing citizens to use civil and domestic generators to fill the shortage of energy.


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