Economic achievements witnessed by the year 2013

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Iraq has many achievements during the year 2013 the most prominent reflection of the effects of his exit from Chapter VII in the economy, which represents an increase of the desire of the investment companies to enter the Iraqi market. Perhaps one of the most prominent economic events that took place during the year 2013, is to establish the general budget of the country after the Fords difficult to be approved in the amount of (138 Trliuna and 424 billion and 608 million dinars) last March as well as to achieve a quantum leap in the oil sector by increasing production and exports and the signing of a number of investment contracts for the construction of residential complexes in Baghdad and the provinces and work tariff. to that seen last year, many of the initiatives and plans that launched by the government in order to diversify the country's economy and achieve sustainable development, and to create an investment environment working to reduce the unemployment rate, as well as raising the standard of living of citizens to alleviate poverty rates.


Banking sector
It has witnessed the beginning of last year set up a meeting place Baghdad economic and banking organized by the Union of Arab Banks and the Central Bank of Iraq with the participation of a number of prominent banking and a large crowd of ministers of finance, economy and central bank governors and decision-makers in the Arab financial institutions and international. Which discussed the challenges facing the Iraqi banking sector and propose a number of solutions to address them. Year also saw the 2013 launch of the Central Bank of the project of the divided National in addition to the high cash reserves to 88 billion dollars due to high oil exports as well as the opening of a branch of the Standard Chartered Bank British in Iraq and the announcement of banks Other interest in opening branches inside Iraq.


Oil sector
The past year has seen the launch of a strategic plan and an integrated national energy extends up to the year 2030 aims to make the country a diversified economy and sustainable development based on oil, which is the main source of the country's budget, and the plan includes a strategy of all major components of the energy sector, particularly oil and natural gas, electric power, as will provide to Iraq about five to six trillion dollars and provide approximately ten million jobs for Iraqis in important industries sophisticated. while the country achieved a rise in oil exports for the first time in its history during the month of April at a rate of 78 million and 700 000 barrels, as well as the start of the export operations of the field Gharraf in the province of Dhi Qar card 35 000 barrels per day, which is developed by a consortium of Malaysia's Petronas and Japex of Japan, and is one of the fields discovered but not yet developed. And begin initial production of oil from Majnoon card 175 000 barrels per day by the consortium of Shell and Petronas of Malaysia Alholdnih. As well as the signing of a contract with the South Korean government to build stores oil strategy for the storage of raw and ensure uninterrupted oil supplies, as well as the visit of an economic delegation headed by Prime Minister Nuri al-Maliki to India with the aim of expanding cooperation between the two countries in the field of oil and investment of Indian companies in the Iraqi oil fields.


Agriculture sector
Also, the agricultural sector has witnessed several achievements of perhaps the most notable is the announcement of achieving self-sufficiency in vegetables and fruits, and the import of certain crops and codified certain period of time.


The commercial sector
The establishment of the Baghdad International Fair in its 40 th (October 10, 2013) was the most prominent business events that gripped Iraq where kicked off the show with the participation of 17 countries, and more than 700 local companies and Arab and foreign countries, and witnessed the signing of agreements and many decades between the states and the participating companies and the institutions of the state.


Housing sector
The year saw the 2013 launch of Prime Minister Nuri al-Maliki, the National Initiative for housing in September, which will continue in all the provinces after hitting the reality of housing in need of case deplorable in a country like Iraq, through the formation of committees in all provinces holds the sort of land and distributed among the citizens down to solve the housing crisis worsening , were also signed a number of housing projects in a number of provinces, including 3 projects for a total amount reached 20 billion dollars have been signed, a project the banks of Karbala, which includes 25 000 housing units, the project committee Baghdad, which includes 20 000 housing units as well as a project city of the future (Aldhnp ) and implemented by the Gulf companies and includes 30 000 housing units.


The private sector
It also completed the advisers in the Council of Ministers in late 2013, a draft strategy for the private sector to assume its support is required, consistent with what was in the Constitution, the implementation mechanisms of the market economy.


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