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The Minister of Electricity reveals the size of spending for energy production and sets a date for the payment of contract salaries
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The Minister of Electricity, Majid Mahdi Hantoush, revealed the size of the ministry’s annual spending for energy production, and as the date for the disbursement of all contract salaries was set next week, the Parliamentary Oil and Energy Committee stressed the need to ensure the principle of transparency in fixing contracts.
Hantoush said in a televised interview with "Al-Eqtisad News", that "the uncalculated random expansion has a negative impact on the electricity sector," pointing out that "non-payment of energy wages is one of the causes of electrical energy problems."
And he added, "Energy rationalization will make supplies there 24 hours a day," stressing "the need for Iraq to 28 thousand megawatts and we hope that we reach the production of 22 megawatts."
He pointed out that "it is not possible in a few months to address the problem of accumulation for years," noting that "the cost of energy production in Iraq is the lowest in the world if compared to global costs."
He explained, "The ministry spends 15 billion dollars annually for energy production, while tax revenues are estimated at one billion dollars annually only," noting that "producing a thousand megawatts costs the ministry 70 million dollars."
And that "the strategic plan needs financial allocations, as the Ministry of Planning cannot allocate funds for strategic projects," stressing, "If organized housing is available, we will be able to control electricity remotely and with modern technologies."
He pointed out that "all contract salaries will be disbursed next week," indicating that "we will approach the General Secretariat of the Council of Ministers to convert the procedure into contracts."
He pointed out that "the ministry has 8,641 degrees of employment that will focus on fixing contracts only."
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