Latest topics
Light industries: Gas oil price threatens Made in Iraq plan
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Light industries: Gas oil price threatens Made in Iraq plan
10/14/2020
Economy News _ Baghdad
The Light Industries Company, one of the Ministry of Industry and Minerals formations, demanded, on Wednesday, Prime Minister Mustafa Al-Kazemi and Minister of Oil Ihsan Abdul-Jabbar to instruct the Oil Products Distribution Company to adopt the official price of fuel instead of the commercial price, noting that the current price threatens the "Made in Iraq" plan.
The company said in a statement that "Al-Iqtisad News" received a copy of it, "The Oil Products Distribution Company affiliated with the Ministry of Oil has set the commercial price for a gas oil product, at 700 Iraqi dinars per liter, for the Light Industries Company, instead of the official price of 400 dinars," referring to "This measure is inconsistent with the principle of encouraging national industry, and contradicts the Made in Iraq campaign supported by the Al-Kazemi government."
The company added, "The increase in fuel costs would cost the company annual losses, as well as raise the cost of Ishtar electrical products produced by the company," noting that "it was able, within a short period, to manufacture home appliances bearing (the Ishtar brand), which include refrigerators and mannequins. Freezers, cookers, heaters and other products. "
The company added, "We have great experience and capabilities from the skilled workforce, and our prices are encouraging and very appropriate compared to the prices of imported electrical appliances," expressing its readiness to "completely fill the market's need for electrical appliances."
The company called on Prime Minister Mustafa Al-Kazemi and Minister of Oil Ihsan Abdul-Jabbar to "reduce the price of fuel and work to encourage local industry, noting that" this provides hard currency for the country and creates many job opportunities for the unemployed.
https://economy-news.net/content.php?id=22259
*****************
>>>TNTBS's YouTube Channel<<<
RamblerNash- GURU HUNTER
- Posts : 24270
Join date : 2015-02-19
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
Wed Mar 27, 2024 6:02 am by Ditartyn
» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
Sat Mar 23, 2024 9:25 am by swizzlestick
» ZIGPLACE
Wed Mar 20, 2024 6:29 am by Zig
» CBD Vape Cartridges
Thu Mar 07, 2024 2:10 pm by Arendac
» Classic Tony is back
Tue Mar 05, 2024 2:53 pm by Mission1st
» THE MUSINGS OF A MADMAN
Mon Mar 04, 2024 11:40 am by Arendac
» Minister of Transport: We do not have authority over any airport in Iraq
Mon Mar 04, 2024 11:40 am by Verina
» Did Okie Die?
Mon Mar 04, 2024 11:34 am by Arendac
» Hello all, I’m new
Wed Jan 31, 2024 8:46 pm by Jonny_5
» The Renfrows: Prophets for Profits, Happy Anniversary!
Wed Jan 31, 2024 6:46 pm by Mission1st
» What Happens when Cancer is treated with Cannabis? VIDEO
Wed Jan 31, 2024 8:58 am by MadisonParrish
» An Awesome talk between Tucker and Russell Brand
Wed Jan 31, 2024 12:16 am by kenlej
» Trafficking in children
Mon Jan 29, 2024 7:43 pm by kenlej
» The second American Revolution has begun, God Bless Texas
Mon Jan 29, 2024 6:13 pm by kenlej
» The Global Currency Reset Evolution Event Will Begin With Gold, Zimbabwe ZWR Old Bank Notes
Sun Jan 28, 2024 3:28 pm by Mission1st
» Tucker talking Canada
Wed Jan 24, 2024 6:50 pm by kenlej
» Almost to the end The goodguys are winning
Mon Jan 22, 2024 9:03 pm by kenlej
» Dinar Daily Facebook Page
Mon Jan 22, 2024 3:34 pm by Ponee
» The Fundamentals of Finance and Pimpy Live
Thu Jan 18, 2024 7:17 am by Dinarhater
» Why Won't the Iraqi Dinar Scam Die?
Wed Jan 17, 2024 5:19 pm by RamblerNash