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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Economic Commission: Iraq has achieved economic growth is estimated at 10% in 2013

    Rocky
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    Economic Commission: Iraq has achieved economic growth is estimated at 10% in 2013 Empty Economic Commission: Iraq has achieved economic growth is estimated at 10% in 2013

    Post by Rocky Sun 26 Jan 2014, 12:28 pm

    Economic Commission: Iraq has achieved economic growth is estimated at 10% in 2013


    01/26/2014






    BAGHDAD / JD / .. Attributed to the economic and investment commission in the House of Representatives Iraq achieve unprecedented economic growth over the past year to the government's plans to invest in oil and the best use of its resources through licensing rounds.
    Said committee member Abdul-Abbas al-Saadi told the reporter / JD / that Iraq has achieved economic growth over the past year is estimated at 10 percent, where he was the highest economic growth in the world compared to the achievements of other countries, including China, which is the rate of economic growth where to 7 percent.
    He expected to continue this growth in the coming years, as it is hoped that up Iraq's oil exports during the current year to 3.0004 million barrels per day, down to 6 million barrels per day in 2017, pointing out that such a thing would reflect positively on the local economy.
    Saadi confirmed the country's need to activate other sectors for the purpose of diversifying the economy of revenue through the use of oil resources, pointing out that in the long run, there are plans to diversify the economy Bacon revenue more sedate and strength.
    The Ministry of Planning and Development Cooperation, has said, that the rate of economic growth in Iraq in 2013 amounted to 9%.
    And char British report a few months ago that the Iraqi economy will register a strong growth rate of 8.8, on average, during the next two years, driven primarily by an increase in oil production and increase exports, and will continue to grow thanks to further increases in oil production and investment in the field of non-oil with an average of 9.6 in the period from the years 2016 - 2018.
    The report, issued by the Economist Intelligence Unit of the magazine (The Economist) British that "some of Iraq's provinces most homogeneous ethnically and religiously, especially in the south, will continue to live in security better than other regions, thus helping economic activity," expected to "grow private sector investments strongly while Work is under way on several projects large oil fields and infrastructure. "
    He Altgariranh "it would help economic growth in Iraq and will bring large increases in government spending," adding that "with the mounting pressure on the government to provide basic services will be spending a greater proportion of the budgeted levels, also works a third of Iraqi workers in the State, and thus benefit consumption Special from increased government spending. "
    The report stated that "improvements in the infrastructure of the oil has helped to increase production levels in 2012 to near-record levels on average 3.96 million barrels per day and will increase production during the period 2016 to 2018, thanks to the development of more fields."
    He also predicted the report "strongly increase oil production in the period 2014-2017, but the deteriorating security situation threatens those expectations, in addition to the slow improvement of infrastructure for the export of Iraqi oil. / End / / 23

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