Economic parliamentary: processing sector of the economy in accordance with the Constitution and ena

Economic parliamentary: processing sector of the economy in accordance with the Constitution and enacting laws




Wednesday, October 16 1 / Okrudolf 2013 12:16





[Baghdad - where]

Saw a member of the Committee of Economy and parliamentary investment Mahma Khalil processing sector of the economy in the country should "be in accordance with the Constitution and laws activation."

The Ministry of Planning suggested the growth of the economy dropped by 2.3% from the rate recorded last year to 8.2%.

The economists have warned Iraq suffered its economy at risk because of its reliance on revenues of oil alone, and that the continued deterioration of the security to the injury of the economy paralyzed and declining investment, as expressed dealers and retailers, in Baghdad for fear of the impact of security implications and the Syrian crisis on the economic situation, and higher prices for food and consumer goods which reflected negatively on the citizens.

Khalil said in a statement to all of Iraq [where] that "the advancement of the economy needs to be a positive environment conducive to growth, especially the stability of the security situation, adding that" a lot of areas still paralyzed in Iraq, including tourism, agriculture and the need to activation, too. "

He added that "there should be radical solutions Stratjah the clear for the advancement of this vital sector by taking advantage of promising experiences in the field of economics."

"The treatment of this sector should be in accordance with the Constitution and the activation of the existing laws in the House of Representatives as well as the participation of the private sector in this aspect, indicating that the" processors government to the country's economic file were not the level of ambition. "

The Iraqi government has announced 19 of the current month of September for a five-year plan to diversify the economy and develop the industrial sector, rather than relying on crude oil revenues and only focus on the industry.

The plan, covering the period from 2013 to 2017 to invest about 357 billion dollars, in development projects across the country, and focus on five sectors are construction, services, agriculture, education, transport and communications, energy, and will come about 79 percent of these investments from the government and the rest from the private sector Oil will remain the largest source of revenue in that period, and experts predict that oil revenues amounting to 662 billion dollars in the next five years. 2 ended.

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