Iraq is on the verge of industrial and agricultural revolution through 2013

Expected number of MPs and economists to be the year (2013) different from previous years in terms of enhancing the economy and diversify resources, pointing to the need to make an effort in order to supplement the federal budget with financial resources variety and not to rely on a source of oil.

decision Economic Commission Council of Representatives Mahma Khalil, stressed that Iraq is on the verge industrial revolution and agricultural over the coming years as a result because of its energies and capabilities to help him be of developed countries economically.

Khalil said the Agency news: The national economy despite the decline in growth during the year (2012) and previous years But will restore its health in the coming years starting from year (2013), especially in the sectors of oil, industry and agriculture.

added: that the process needs to clear future vision and serious work to develop the Iraqi economy and raising its standards.

was issued Studies Unit in the newspaper Economist forecasts for the fastest ( 10) economies in the world growing in (2013), where confirmed that year (2013) will see cases of economic growth rising in developing countries, including Iraq.

For his part, former British Prime Minister Tony Blair earlier that Iraq will become the fastest growing countries, He said that the province of Basra is a valuable opportunity to invest in, as called for British companies to increase their investments in Iraq.

The economic expert peace Quraishi, said: There are indications that the national economy will grow during the year (2013), especially after the announcement by the Ministry of Planning for Five-Year Plan for economic development, noting that this plan will start since (2013) and will focus on the vital economic sectors Kalzeraih, industrial and commercial.

added Quraishi that this plan will differ from its predecessor because it developed on the basis of correct and scientific, likely to achieve great success in the coming period.

pointed to: that The objective of this five-year plan is to diversify revenues of the federal budget and promotion resources other than oil, because Iraq has the potential and the ingredients enormous economic still untapped.

has announced the Ministry of Planning for the start of the implementation of the five-year plan for economic development for the years between (2013 – 2017) at the beginning of the year (2013 ) and in cooperation with the relevant ministries.

The Ministry of Planning and Development Cooperation announced, in (10 May 2012), the five-year plan the next cut the poverty rate in Iraq to less than 10% after updating the plan for 2010 to 2014, confirmed that the process of modernization comes according to the variables economic, political and international.

Meanwhile likely a member of the Committee on the economy and investment MP / National Alliance / Abdulabas Xiaa, that witnessing Year (2013) economic developments different fields, especially since the general budget focused on the various economic sectors for the purpose of advancement.

said Xiaa that the budget (2013 ) differed completely from previous budgets in terms of the distribution of its assets, increased its allocations investment, which in turn supports the various sectors and make the movement of large economic in the country.

has announced the Ministry of Finance said the budget proposed for the year (2013) amounted to (113) billion dollars, and the rate oil (90 ) dollars per barrel.

Cabinet had sent the budget to the House of Representatives for the purpose of debating and voting on them.

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