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Iraq plans to phase out oil
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The Minister of Planning Salman Jumaili, on Monday, the Iraqi trend towards the phase-out of oil gradually, stressing that Iraq is qualified to go this way.
"Iraq has prepared a ten-year reconstruction document covering all sectors and activities," Jumaili said in an interview with the Saudi daily Al-Riyadh. "The work document includes priorities in the forefront, including the housing and services sector at an estimated cost of 100 Billion dollars and will be funded from the reconstruction and loan program, the State Treasury and the contributions of the private sector. "
He added that "Iraq is planning to develop various sectors of development and the sectors of agriculture and industry will be priorities of our attention and that the plans are moving towards the phase-out of oil that Iraq is qualified to follow this trend because of its capabilities and potential."
Jumaili pointed out that "there are real measures taken by the Iraqi government recently to reduce the routine in the joints of the state to encourage investors and facilitate the task of investment in Iraq."
[You must be registered and logged in to see this link.]
[You must be registered and logged in to see this image.]
The Minister of Planning Salman Jumaili, on Monday, the Iraqi trend towards the phase-out of oil gradually, stressing that Iraq is qualified to go this way.
"Iraq has prepared a ten-year reconstruction document covering all sectors and activities," Jumaili said in an interview with the Saudi daily Al-Riyadh. "The work document includes priorities in the forefront, including the housing and services sector at an estimated cost of 100 Billion dollars and will be funded from the reconstruction and loan program, the State Treasury and the contributions of the private sector. "
He added that "Iraq is planning to develop various sectors of development and the sectors of agriculture and industry will be priorities of our attention and that the plans are moving towards the phase-out of oil that Iraq is qualified to follow this trend because of its capabilities and potential."
Jumaili pointed out that "there are real measures taken by the Iraqi government recently to reduce the routine in the joints of the state to encourage investors and facilitate the task of investment in Iraq."
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