The Iraq Cabinet decisions continue to shape national progress through a range of new approvals and actions. During the 22nd regular session, Prime Minister Mohammed Al-Sudani led discussions that addressed multiple areas of development. These decisions aim to boost the economy, improve energy capacity, and advance public services.
First, the Cabinet confirmed several national holidays to mark Eid celebrations. Work will stop during the designated days and resume after. This move allows citizens time to observe cultural events.
Next, in a strategic energy move, the Cabinet approved a direct agreement with the Karpower Alliance. This contract will supply 650 megawatts using floating power vessels. These units will help meet summer electricity demands.
Additionally, the Cabinet moved ahead with the floating platform project for gas imports. The Bismayah Gas Plant will receive liquefied gas at 750 million standard cubic feet daily. This step supports national power generation and reduces shortfalls.
Moreover, Iraq Cabinet decisions also focused on water and agriculture. The Cabinet approved the purchase of 70 floating pumps to enhance water delivery across many governorates.
Therefore, in another development, the Ministry of Electricity gained authorization to amend a contract. This change covers inspection and maintenance of two steam turbines, increasing project efficiency.
To stimulate economic growth, the Cabinet unlocked 3 trillion dinars. This funding will support ongoing investment projects across ministries and governorates.
Furthermore, the Cabinet approved a proposal related to the Bin Omar oil field project in Basra. This energy move aligns with national strategies for resource development.
Moreover, in the justice sector, the Cabinet endorsed a digital transformation project. The Ministry of Justice will include this plan in its 2025 budget. International tech companies will carry out the work using global standards.
The Cabinet also supported new rules for investment license holders. These rules address ownership and land value pricing for housing projects. Investors can now secure full or partial ownership depending on their service responsibilities.
When investors reject ownership offers, the owning party may auction off land shares. This step brings flexibility to Iraq’s investment system.
In the sports sector, the Cabinet approved more funds for the Baghdad/Tajyat Olympic Stadium. The plan includes a four-star hotel, boosting tourism and local pride.
Regarding health and medicine, the Cabinet granted grace periods to Samarra and Akay factories. These firms must improve standards to meet higher national classifications.
Moreover, the Cabinet approved investments in private healthcare facilities. Investors must obtain licenses to practice medicine legally.
Finally, the Ministry of Education received the green light to purchase raw materials. Al-Nahrain Company will manage printing supplies with a spending cap of 500 million dinars.
The Iraq Cabinet decisions also included approving instructions for public contract implementation in 2025