812 trillion Iraqi dinars revenues Five-Year Plan

812 trillion Iraqi dinars revenues Five-Year Plan

17/09/2013 12:00 AM

Iraqi dinar currencyLaunched by the Ministry of Planning yesterday
Baghdad, Ahmed Abed Rabbo
fired the Ministry of Planning and Development Cooperation on Monday, the National Development Plan for the years (2013 2017), which is expected to reach total revenue in which to 812 trillion Iraqi dinars, 768 trillion dinars, of which derived from oil. With focused investment in the plan on the industrial sector increased by 38 percent, came the development of economic activities of non-oil where the annual growth rate of 7.5 percent, while maintaining inflation rates. Deputy Prime Minister for Energy Affairs Hussain al-Shahristani, said in his speech ceremony held by the ministry on the occasion of the launch of the plan and attended the (morning) : The low profile government headed towards the plans of Timers long to lay the foundations of development a real policy of the country, especially after the success of the oil licensing round in attracting major international oil companies to work in Iraq., adding that the plan focused on the field of Industry and Energy, which was his share of the distribution of investments 38.2 percent, The buildings and the services sector was the rate of 28.6 percent, agriculture 13.4 percent, and education 10.3 percent, and 9.5 for transport and communications. For his part, Undersecretary of the Ministry of Planning and Development Cooperation Mehdi Keywords that «previous plan achieved successes acceptable and concrete in the exchange rate of the Iraqi dinar in the field of education and in the health field», adding that «the new plan will be complementary to the previous one and will reduce the gap between rural and urban areas and there will be the role of local governments in the implementation of the plan, as well as give the role of the private sector.

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