Prime Minister: It is time for plans that support economic diversification
The first 11/27/2023
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Baghdad: Rula Wathiq
Prime Minister Muhammad Shiaa Al-Sudani sponsored, yesterday, Sunday, the first conference of the “Five-Year National Development Plan,” which is held by the Ministry of Planning in cooperation with the United Nations Development Programme, and its work continues for the period from 26 to 28 November this year.
In his speech at the conference attended by Al-Sabah, Al-Sudani stressed the government’s interest in strategic plans and projects that are consistent with the 2030 Sustainable Development Vision, calling on everyone to actively contribute to building a five-year national development plan that suits Iraq’s need for real development built on sound foundations.
He added, "The scale of the challenges requires integrated plans aimed at achieving comprehensive renaissance in the medium and long term," noting that "Iraq has witnessed a development interruption since the 1980s, due to wars, sieges, and counter-terrorism operations."
He pointed out that "the government worked to put development back on track and launch its development plans, in addition to raising the pace of implementation of existing projects, which number more than 7,000 projects, and implementing new projects that represent a higher development and service value."
He pointed out that "the government has paid attention to strategic projects that are consistent with the 2030 Sustainable Development Vision, including infrastructure projects, clean energy, the development road, Al-Faw port, and others."
He continued, "It is time for the new development plan to have economic dimensions based on the philosophy of economic diversification," noting that "the government has laid the foundations for economic diversification, including the establishment of the Iraqi Fund for Development, which aims to create an integrated investment environment in the country."
For his part, Deputy Prime Minister and Minister of Planning Muhammad Ali Tamim said: “The conference held by the Ministry in cooperation with the United Nations Development Program and with the support of the United States Agency for International Development is an important opportunity to draw a new picture of the future of development in Iraq, and to develop a development strategy at the institutional level.” “In line with the directions of the government program, confronting climate change, developing human capital, achieving digital transformation, and ensuring the path of future trends.”
He continued, "It is time to chart new development paths through which the goals and performance that the government seeks to be achieved can be reached, and to adopt a focused plan for Iraq's vision for sustainable development 2030, as well as the government programme, strategy and plans for sectoral public policies, and international treaties and agreements established by Iraq, in addition to... Economic diplomacy, international companies and development.
In addition, the Resident Representative of the United Nations Development Programme, Oki Lootsma, said: “The United Nations Development Program is devoting its efforts to supporting the highest priority reform initiatives in Iraq and promoting sustainable development and stability, based on the economic reform efforts made by the government.”
He explained, "The new National Development Plan for Iraq (2024-2028) serves as a critical framework to guide our collective actions and support Iraq in making significant progress towards achieving the sustainable development goals."
Edited by: Muhammad Al-Ansari
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