By John Lee.
Prime Minister Mustafa Al-Kadhimi chaired the regular session of the Iraqi cabinet on Tuesday.
Addressing the ongoing crisis in electricity supply, the cabinet agreed to allocate 50 billion Iraqi dinars ($34 million) for emergency expenses and maintenance of the electricity infrastructure.
This will be achieved by profitable Ministry of Oil companies lending the funds to the Ministry of Electricity companies.
(Source: Govt of Iraq)The post Iraqi Cabinet allocates $34m for Emergency Electricity Work first appeared on Iraq Business News.