34364
KRG to Monetize Assets
World Economy

KRG to Monetize Assets

The autonomous Kurdistan Regional Government in northern Iraq may sell parts of its electricity sector to raise funds to help plug a budget gap left by sinking oil prices, the region’s deputy prime minister, Qubad Talabani told Reuters. The KRG is also “considering monetizing assets including oil infrastructure”, Talabani said in an interview on Thursday in the region’s capital Erbil, declining to give more details on what might be offered to investors and on what terms. The KRG “is working with the private sector to hand over some elements of the electricity sector” such as bill collection, he said.

 

Short URL : http://goo.gl/Nq23Wj
  1. http://goo.gl/e6YBYx
  • http://goo.gl/IxEwBP
  • http://goo.gl/IuYrkt
  • http://goo.gl/tvB3WH
  • http://goo.gl/MhSjWf

You can also read ...

Trump Tactics Sabotaging US Economy, Markets
Wall Street could be making a costly mistake. According to...
Capital Economics forecasts Turkey’s GDP growth will fall to 3.5% in 2018 from 7.4% in 2017.
Expectations for Turkey's end-2018 inflation rate rose from 12...
File photo of finance ministers and central bankers from the G20 nations.
Global economic growth is poised to pick up this year, though...
Apple Watch Smells Losses
The latest round of US tariffs on $200 billion of Chinese...
Moody’s Warns Philippines of Downside Risk
Debt watcher Moody’s Investors Service on Friday said the...
Italian Bonds, Stocks Fall
Italian bond yields rose and equities sold off on Friday after...
Technology Can Help Workers From the Informality Trap
Technology and what it will do to change how people work is...
A weaker yuan remains a source of risk for global currency markets.
The Chinese yuan slid to its lowest in more than a year on...

Trending

Googleplus