Ministry of Planning: More than 700 trillion dinars is the expected revenue in the development plan.
Ministry of Planning: More than 700 trillion dinars is the expected revenue in the development plan.
2025-08-09
The Ministry of Planning announced, today, Saturday, that the total revenues expected to be achieved during the five-year development plan period 2024-2028 will amount to about (710) trillion dinars, as the official spokesman for the Ministry, Abdul Zahra Al-Hindawi, stated to the official agency, that “the largest proportion of these revenues will come from the oil sector, as it is expected that oil revenues will amount to about (631) trillion dinars, while non-oil revenues are estimated at about (79) trillion dinars.”
Al-Hindawi added, “The five-year plan estimated the investments required to achieve the targeted economic growth rate, which amounts to (4.24%) during its implementation period, at more than (241) trillion dinars,” indicating that “the plan will see government sectors contribute about (157) trillion dinars of these investments, compared to (84) trillion dinars representing the contribution of the private sector.”
He also explained that “the largest proportion of capital formation will be in the oil sector at 27.4%, followed by the housing ownership sector at 22.5%, then social development services at 20.8%. In contrast, the water and electricity sector will constitute 8.6%, while the share of the manufacturing sector will reach approximately 7.8% of the total planned capital formation.”
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