Baghdad: The Ministerial Council for Economy decided, today, Monday, to hold a special session of the Council, in the Kurdistan Region, to solve all pending economic problems with the participation of all economic formations in the federal government and the regional government.
The Council discussed, according to a statement, the items on its agenda and took the necessary decisions regarding them, and approved the request of the Ministry of Transport to refer the project to extend a railway between the city of Basra and the Shalamcheh port as far as financial powers are concerned.
The Council approved the National Lending Strategy after the Governor of the Central Bank presented a briefing on the strategy and what the bank implemented during previous lending initiatives, and decided to hold a special session to discuss all opinions, ideas and proposals related to maximizing the state’s non-oil revenues.
The Council agreed, according to the statement, for the General Company (Ur) affiliated to the Ministry
of Industry to purchase damaged cables and wires from the Ministry of Electricity and all its formations for a price to be agreed upon between the two parties.
The Council reviewed the technical report prepared by the Ministry of Trade on the reality and work of private mills, and decided to support the Ministry’s procedures to improve the quality of flour production provided to citizens, as well as to approve the transfer of ownership of the mills.
The Council also agreed to cancel the withdrawal of work from the company implementing the contract to equip (16) spherical tanks to reach the final stages of completion rates. The Council also decided, based on the request of the Ministry of Agriculture, to open the import of winter crops (lemon, cauliflower, lettuce, turnips and sugar beets).
Source: National Iraqi News Agency