A temporary account for the Ministry of Oil.

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-Thursday 2024/11/28 - 22:23
News Code:8949
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Yesterday, the Cabinet approved a new resolution on energy consumption optimization.

Yesterday, the Cabinet approved a new resolution on energy consumption optimization. Based on this resolution and pursuant to Note 1 of the 2023 Budget Law, an optimization account has been opened in the name of the Ministry of Oil by the National Treasury at the Central Bank.

This account serves as the official energy consumption optimization account for the country. According to Clause 2 of the resolution passed yesterday by the Cabinet, if the Organization for Energy Optimization and Strategic Management is established, the account will be transferred to that organization's name. /mizenaft

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