Iraqi Cabinet Enacts Strategic Decisions Across Oil, Electricity, and Customs Sectors

mesoiraq - Prime Minister Ali Faleh Al-Zaidi chaired the 15th regular cabinet session, resulting in major decisions regarding energy, economic policy, and financial regulation. The cabinet approved new pricing and export mechanisms for crude oil through specialized firms, alongside reviewing fuel subsidy structures while protecting essential consumer products. Additional measures included authorizing oil facility upgrades, implementing pre-collection of customs duties via the ASYCUDA system starting October, funding border crossing developments, supporting healthcare services, and updating electricity distribution framework contracts.