Page 11 - Al-Rashed Newsletter December 19

IRAQ MUSINGS
IRAQ NEWS

Cabinet to Support Projects in Health, Oil sectors
The Iraqi Cabinet held its regular weekly meeting in Baghdad on Tuesday under the
chairmanship of Prime Minister Adil Abd Al-Mahdi.The Prime Minister told the
Cabinet that the current government will continue to discharge its duties until the
formation of the next Iraqi government.The Prime Minister then outlined some of the
key achievements of this government which will be detailed in a comprehensive
report to be published soon.The Cabinet discussed several policies and approved
administrative measures to support projects in the health sector, including building
general hospitals in Iraqi provinces with a capacity of 400 beds each.The Cabinet
approved recommendations submitted by the Ministerial Council for Energy to
allow Dhi Qar Oil Company (DQOC) to borrow 265,000,000 US dollars from
the Trade Bank of Iraq (TBI) for the purpose of implementing a project to expand the
production at Al-Nasiriyah oil field by an additional 100,000 barrels per day.

Norway contributes $2m to end GBV in Iraq
The Government of Norway contributed to NOK 17 million (US$ 1,872,452 million)
to UNFPA interventions aiming at mitigating, preventing and responding to gender-
based violence in humanitarian crisis.This contribution is part of the Government of
Norway's agreement to provide funding against the appeals in different countries
including Iraq for a total amount of (approximately US$ 12,344,685 million) NOK
111.5 Million and (approximately US$ 2,7 million) NOK 25 million to the
Humanitarian Thematic Fund. Norway is the top donor to UNFPA core resources in
2019.

Alliant wins $38m Iraqi Defense Deal
Alliant Techsystems Inc. , Fort Worth, Texas, has been awarded a $37,788,519
firm-fixed-price modification (P00052) to previously awarded contract FA8106-16-C-
0004 for contractor logistic support for the Iraqi Air Force's Cessna 208 and 172
fleet.Work will be performed in Iraq and is expected to be completed by Dec. 31,
2020.
"THE PESSIMIST

COMPLAINS ABOUT Kurdistan Could Soon Start Shipping 250,000 Bpd Of Crude To Baghdad
THE WIND. THE Alliant Techsystems Inc. , Fort Worth, Texas, has been awarded a $37,788,519
firm-fixed-price modification (P00052) to previously awarded contract FA8106-16-C-
OPTIMIST EXPECTS IT 0004 for contractor logistic support for the Iraqi Air Force's Cessna 208 and 172
TO CHANGE. THE fleet.Work will be performed in Iraq and is expected to be completed by Dec. 31,
2020.
LEADER ADJUSTS THE

SAILS."

-JOHN MAXWELL

Source: menafn.com