Economic outlook for the Ministerial Statement of the Government of Dr Haider Abadi

September 11, 2014 23:10

General lines developed by Dr. Abadi's work and his ministry to come and put a wide area of economic work is the most important economic plan, which adopts plan years 2013/2017 and its integration plan 2015/2018 and means that there is a desire in the development work aimed at diversification of the production base in Iraq, and this means creating industrial sector and agricultural and a service capable of meeting local needs

At the same time gave in his speech also stressed the importance of the private sector as key participants in accordance with the curriculum of economic thought and economic policy, including fit and actually he also through him, pointed to the importance of policy, customs and tax direct and indirect means diversity of sources of budget resources, not oil alone, but of the production process contribute to the formation of GDP and this means higher contribution of vital economic sectors of industry, agriculture and others in the composition of GDP by no more than 6 / and during the next plan may be up to 20 / induced factors support which is mentioned in his fight against corruption in accordance with the rationalization and government appointments and the lack of inflation in the public administration and the use of competencies and expertise for the management of the state, which is not far away from her as academically technically been explained to activate the e-government and Masrtha of evolution.

He also focused on the security establishment and the military in two ways first proper construction and means that there is waste and wide in the amplified numerical rather than institutional and efficiency, which would thereby reduce the current allotment in the budget and at the same time achieve efficiency in the use and thereby reduce the deficit, and by the task if we know that the allocations of up to 17% and amounts rose about twenty billion, the highest in the allocations of important countries, such as Egypt.

He also identified the weapon, however, the army and means the abolition of militias or enter numbers burden of financial and administrative incompetence of the military and security institution and thereby reduces the risk and security and achieve the groundwork for attracting investments at a lower cost, because the most important focus of investment is the security aspect was mentioned how to attract local and foreign investments to contribute to the building the Iraqi economy

And Iraq can in the next phase of the government to achieve the first steps and important to the process of development and growth of the Iraqi economy to activate what is stated in the statement with his steps process with a focus on investment spending real and will lead to increased operating any reduce unemployment public, academic and underemployment experienced by the Iraqi economy and is considered worker productivity Iraqi of lower productivities in the world.

And attract investments and national and foreign task for the advancement of the Iraqi economy in various activities and the presence of the basic premises of her growing demand

And provided important studies by specialists and competencies of an Iraqi could have to contribute to the development of sectors that stimulate the growth of the Iraqi economy and the most important of electricity, water and sanitation, roads, bridges and urban planning, the most important is now the capital of Baghdad, agriculture, industry, housing, and fiscal and monetary policy and the interaction between the public and private sector



Perhaps Important progress ground to start the implementation of the welfare rights of the Iraqi order its security and its safety


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