Baghdad – IA
The Ministerial Council for the Economy decided, today, Monday, to stop the import of 6 crops due to their abundance locally.
The media office of the Ministerial Council for the Economy stated in a statement, received by the (INA), that “Deputy Prime Minister and Minister of Foreign Affairs Fouad Hussein chaired the twelfth session of 2024 of the Ministerial Council for the Economy, in the presence of the Deputy Prime Minister and Minister of Planning, and the Ministers of Finance, Agriculture, Industry and Labor.” Social Affairs, the Secretary-General of the Council of Ministers, the Governor of the Central Bank of Iraq, the Undersecretary of the Ministry of Oil and the Prime Minister’s advisors for economic and legal affairs, where the Council discussed the items on its agenda and took the necessary decisions regarding them.”
The statement added, “The Council hosted the Director General of the Petroleum Products Distribution Company and representatives of the Economic Department in the Ministry of Oil, and agreed to determine the price of the raw material for the kerosene product used to operate petrochemical investment projects by adopting 50% of the price of the global bulletin, and the price of the product allocated to factories will be Asphalt products in Nineveh at a price of 400 dinars / liter.
He continued, “The Council also decided to form a permanent committee headed by the Undersecretary of the Ministry of Oil for Extraction Affairs, the Director General of Reservoirs and Field Development, and the Director General of the Geological Survey to undertake the development of mechanisms or approval to facilitate the granting of mineral investment approvals. The Council also decided to reduce the price of the black oil product for the Al Noura plant in Karbala.” To be 100 thousand dinars per ton, similar to brick factories.”
The statement indicated that “the Council decided to approve an increase in the reserve percentage, for the project to rehabilitate and pave unserved streets in the city of Samawah, for the areas of the Political Prisoners’ Neighborhood and the Sayed Jaber area.”
He explained, “In support of the agricultural sector and farmers, the Council decided to stop importing the potato crop for one year due to the abundance of local production, and also to stop importing crops (cucumbers, onions, trees, watermelons, and watermelons) for this season due to the abundance of their local production and support for the national product.”