Iraq launches plan for economic development to reduce the poverty rate to 16 percent

Iraq launches plan for economic development to reduce the poverty rate to 16 percent

10/05/2012 18:34

Baghdad, May 10 / May (Rn) – Iraq launched Thursday a draft plan of development for the years 2013 to 2017 in a bid to boost the economic reality and reduce the poverty rate to 16 percent.and focus new plan to improve the gross domestic product, which has suffered years of neglect, international sanctions and violence. Iraq relies mainly on imports. said Deputy Minister of Planning Mahdi Keywords during a conference in Baghdad that he reviewed the previous plans to cope with the new changes in the country through economic growth. “There’s improvement is positive in some aspects of economic growth and increased oil revenues, but on the other hand there are challenges associated with the development of other sectors and the development of the economy. ” He went on Keywords in the conference which was attended by ministers, “There is also an improvement in the performance of the agricultural sector and has been limited. there is an improvement in the manufacturing industry.” It is within the plan a strategy for poverty alleviation. And he said: “By the end of 2014 will decrease poverty from 23 to 16 percent.” “This plan must occur down off of poverty perhaps to less than 10 percent,” as he said:. cycle Oil Minister Abdul Karim and coffee, told the Kurdish news agency (Rn ) after the conference that the plan is an extension of the previous plan 2010-2014, but took into account variables large that occurred in the oil sector, which is the basis in the budget. The total budget for Iraq for the current year $ 100 billion. He pointed to the coffee that his ministry has provided figures up to date on production and export revenues will be realized during the next five years to depend heavily on the new development plan.From: Yazan Al Shammari. Open: Murtaza Yousuf

aknews.com