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Adviser to the Prime Minister praises the initiative of the central loans for solar energy
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The financial advisor to the Prime Minister, Mazhar Muhammad Salih, praised, on Monday, the Central Bank’s initiative to support clean energy, describing this step as a progressive project that reduces the waste of money spent on the electricity sector.
Saleh said in an interview with "Al-Sabah" newspaper, and followed by "Economy News", that the policies of the central banks in the world witnessed changes after the global recession in 2008, and its continuation to the "Covid-19" pandemic, noting that the damage to the world's economies pushed most banks to Orientation to support development activities.
He added that one of the big problems in Iraq is the electric power, which drained more than 120 billion dollars, indicating that the process of securing energy is still faltering, due to mismanagement and waste.
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