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Al-Sudani: Today is an important session to discuss the draft oil and gas law
The first 2023/08/02
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Baghdad: morning
Prime Minister Muhammad Shia al-Sudani announced the overthrow of a network of major foreign currency speculators, pointing to the government's continued efforts to combat corruption.
The Prime Minister said, in a press conference after presiding over the regular session of the Council of Ministers, yesterday, Tuesday: "Electricity is a sensitive issue and affects the life of the citizen in terms of services and economics," indicating that there are question marks about the recent simultaneous incidents that affected the electricity system.
Al-Sudani explained that the security services dismantled 15 explosive devices in Baiji that were targeting towers placed in articulated areas and nodes, pointing out that protecting the system requires cooperation from society that is dictated by moral and legal responsibility, and no country can put guards on every tower and power station, and the state continues in its duty to organize. Accountability and there are no red lines in front of us.
And he continued that the oil derivatives crisis was resolved after the opening of the holy Karbala refinery, and we developed solutions to end the imported gas crisis, and the matter is a matter of time, explaining that after the completion of Total projects, the fifth round, and some fields, there will be a surplus of gas, and we will not import from any country.
The Prime Minister indicated that "the government continues the executive work according to the priorities of its program with clarity and confidence, and we anticipated the three-year budget by preparing the requirements of the plans that we have set," pointing out that an Iraqi delegation visited Germany and Italy and agreed in principle to import production lines to establish factories that will be covered by a government sovereign guarantee for the private sector. 85% of its value.
Al-Sudani said: We have received offers from Arab and foreign investment funds to participate in the Iraq Fund for Development, and we have also received requests from the private sector to implement projects within the fund.
Regarding the budget instructions, he indicated that the budget implementation instructions will be published this week, and we held meetings with several ministries to prioritize project financing.
Regarding the oil and gas law, the Prime Minister stated that an important session will be held today in the presence of political leaders and technicians from the federal ministries of oil and natural resources in the Kurdistan region and legal advisors to discuss the draft law.
And on the most prominent decisions of the Council of Ministers, Al-Sudani revealed that the Council approved the Reconstruction Fund system for the poorest governorates, and agreed to allocate 5 billion dinars to the Artists’ Pension Fund, and also decided to refer the seawater desalination plant project to the Governorate of Basra, and approved recommendations to grant individual or tourist entry visas to visitors. The forty-year-old is from the Gulf countries, indicating that the visas are granted through the official border crossings and through a special stamp until the end of the month of Safar.
On the file of imported gas, he explained that work is continuing with the American side regarding the payment of Iranian gas dues, and these dues have decreased to 9.250 billion dollars.
On the issue of speculation in foreign currency, Al-Sudani said: The issue of the dollar is a battle, not a crisis, a battle between the state that insists on completing the reform of the financial and banking system and an affected group that is a group of speculators and smugglers, stressing the determination to pursue speculators and smugglers of foreign currency.
He explained that the National Security Agency carried out a heroic operation that overthrew a network of major currency speculators, who were setting the exchange rate and communicating with people who would withdraw dollars from the market for them, and these were associated with others in the Kurdistan region through whom the currency was smuggled, adding that in cooperation with the Kurdistan region, a network was also overthrown for speculation in Erbil.
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