88 trillion Iraqi dinars, the size of the non-governmental investment over the next 4 years
88 trillion Iraqi dinars, the size of the non-governmental investment over the next 4 years
22/10/2013
BAGHDAD / JD / .. Ministry of Planning estimated size of the non-governmental investment needs of the country during the next four years, with 88 trillion Iraqi dinars, while showed that this amount constitutes 21% of the size of the investment required.
He said the ministry spokesman Abdul Zahra al-Hindawi told the reporter / JD / national development plan, drawn up by the ministry assumed that the private sector contributes with a value of 88 trillion Iraqi dinars, the equivalent of $ 75 billion.
And that this amount constitutes 21 percent of the size of the investment required, stressing that he expects spending on various fields and investments identified by the plan.
The Committee on the economy and investment in the House of Representatives has estimated the size of government investment to be secured from now until the year 2017 to 329 trillion dinars, equivalent to 282 billion dollars.
Said committee member Abdul Hussein Rissan in an earlier statement / JD / These amounts include the fulfillment of the obligations of licensing rounds, which constitute 79 percent of the total investment required, noting that it covered from the revenues accruing to the state for spending on projects committed to its implementation, despite the 5861 project at the end of in 2012 and new projects that decided added during the years of the plan.
He said the allocations expected for government investment this year is estimated at 41 trillion and 553 billion Iraqi dinars, up 37 percent from the ratio of investment expected from the revenue total for the country, estimated at 112 trillion and 306 billion dinars, while the next year is expected to be allocations of government investment 52 trillion and 983 billion dinars by 38 percent of the revenue total is expected of 139 trillion and 310 billion dinars, and in 2015 will be allocations of government investment 57 trillion and 572 billion dinars by 40 percent of the total income expected, amounting to 143 trillion and 931 billion dinars, either through the year 2016 would amount allocations of government investment 75 trillion and 951 billion dinars and grew by 40 percent of the revenue total, estimated at 189 trillion and 878 billion dinars, and in the year 2017 will be allocations of government investment 90 trillion and 735 billion dinars, 40 percent of the revenue total projected amount of 226 trillion and 837 billion dinars. / End / / 23
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