The Iraqi Council of Ministers has approved two contracts with different companies to supply electrical energy to the northern region and the national system for three months. The first contract was with Mass Holding Company, while the second was with Kar Company, both of which are aimed at addressing the high demand for electricity during the summer peak load. The decision was made in response to financial regulations and the current power outage in Iraq, which has been a source of frustration for citizens, especially with the extreme heat in some cities and governorates.
In addition to these contracts, the Council also authorized the Minister of Finance to sign a financing loan agreement for the development of electricity production stations in various locations. This move is seen as an important step towards accelerating plans for the development of the electricity sector. The statement issued by the Prime Minister’s media office highlights this issue, emphasizing its importance. Furthermore, contracted projects were included as ongoing projects to facilitate signing loan agreements and ensure timely completion. This decision was based on approval borrowing in the Federal General Budget Law for next year’s budget.
In another context, IPTV has had a significant impact on modern entertainment by offering new and innovative ways to consume content through internet protocols. It has become increasingly popular in recent years and is shaping the future of entertainment. With IPTV, viewers can access a wide range of programming and services from anywhere in their homes or on-the-go through mobile devices or other internet-connected devices. It offers flexibility and convenience that traditional cable TV cannot match, making it an attractive option for many people who value convenience over traditional TV viewing experiences.
Overall, these developments highlight how technology continues to shape our daily lives in new ways that we never thought possible before. From energy production to entertainment consumption, technology is playing an increasingly important role in our lives as we continue to adapt to changing circumstances around us.