One Million Subscribers Clear 400 Billion Dinars in Electricity Debt, Runaki Project says

Ahmed Mohammed 2 hours ago
The logo of Runaki (Light) project
The logo of Runaki (Light) project

At a Glance

  • The 50% electricity debt discount initiative under the Runaki Project is nearing its final hours, prompting a late surge of over 40,000 subscribers settling their accounts today.
  • Roughly one million subscribers have benefited from the debt relief campaigns, with total exemptions reaching nearly 400 billion dinars for pre-Runaki debts and around half a trillion dinars overall.
  • Official data shows that 65% of all electricity subscribers in the Kurdistan Region are now entirely debt-free, while remaining defaulters owe less than 15,000 dinars.
  • The Runaki Project office confirmed that subscribers who fail to clear their dues before midnight will have their remaining balances converted into monthly installments ranging from 6 to 24 months.

The extensive electricity debt relief campaign across the Kurdistan Region has reached a critical milestone, with final data revealing massive public engagement and hundreds of billions of dinars in total government waivers as the deadline approaches.


Debt Relief Statistics and Final Surge

  • Record Participation: According to the latest figures released by the Runaki Project office at 7:00 PM, the number of beneficiaries under the 50% debt discount initiative has hit approximately one million subscribers. Total debt repayments have funneled 400 billion dinars back into the system, matched by an equivalent amount in government waivers.
  • Daily Rush: Momentum peaked on the final day, with over 40,000 subscribers rushing to settle their accounts, generating more than 15 billion dinars in single-day debt exemptions alone.
  • Broad Impact: Official metrics indicate that 65% of households and businesses across the Kurdistan Region now carry zero electricity debt, and those with lingering balances generally owe under 150,000 dinars.

With the midnight deadline looming, the Runaki Project office clarified that any remaining unpaid debts will no longer be eligible for the 50% discount. Instead, outstanding balances will automatically transition into structured monthly installment plans spanning 6 to 24 months, tailored according to the specific category of the subscriber.

As the final hours of the electricity debt discount campaign wind down, the Runaki Project has announced that roughly one million subscribers have cleared their dues, resulting in nearly 400 billion dinars in debt waivers and pushing the proportion of debt-free households in the Kurdistan Region to 65%.

With a massive influx of over 40,000 users settling their accounts on the final day alone, officials stressed that subscribers who miss the midnight cutoff will have their remaining balances converted into structured monthly installments ranging from 6 to 24 months based on their subscriber classification.

FYI

The Runaky Project Office also indicated that those who still have debts and do not benefit from the discount by midnight will have it converted into monthly installments ranging from 6 to 24 months, depending on the type of subscriber.

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