Planning: The Development Road and Al-Faw Port projects will change the course of Iraq’s economy
Planning: The Development Road and Al-Faw Port projects will change the course of Iraq’s economy
11/28/2023
Today, Tuesday, the Ministry of Planning reviewed the national development plan for the years 2024-2028, confirming that the Development Road and Al-Faw Port projects will change the course of Iraq’s economy, and may contribute a high percentage to the state’s revenues.
The Undersecretary for Technical Affairs, Maher Johan, explained to the official agency, “The Ministry organized a conference to open discussion on the national development plan with the participation of the ministries and concerned authorities.”
Johan stressed, “The plan highlights internal social, political, economic and institutional challenges, in addition to external challenges related to geopolitical conditions and climate change.”
He pointed out that “the priorities relate to four main programmes, including supporting human capital, enhancing infrastructure interconnected with productive sectors, and the path of economic diversification,” stressing “the importance of digital transformation and radical reforms in economic transformation.”
Johan pointed out that “strategic projects such as Al-Faw Port and the development road can play a vital role in changing the course of the Iraqi economy and achieving a significant contribution to state revenues and gross output.”
nrttv.com
