300 billion dinars to support agricultural activities

[TonyDownTheShore]

300 billion dinars to support agricultural activities بتاريخ : الخميس 15-03-2012 09:50Date: Thursday, 03.15.2012 9:50

Baghdad / term follow-up

Ministry of Agriculture announced Wednesday the completion of planning for the implementation of 195 investment projects during 2012 and an area of ​​11 million acres, which is the equivalent of 2500 hectares, and drew to the allocation of 300 billion dinars to support agricultural activities outside the agricultural loan provisions.

The Director-General of the Ministry of investment in the morning according to the shield (Rn) and the Ministry of Agriculture has identified investment map in 2012 with 195 projects and an area of ​​11 million acres was completed in which its ownership of the implementation of agricultural investment projects. "

The shield that the Ministry of Agriculture is working to facilitate the implementation of investment projects and the involvement of the local private sector and foreign investment projects in the livestock and plant. "

He continued to shield investment map for 2012 completed its landmarks is under copyright, and will become a trader in the investors during the next two weeks. At the same time said administrative agent and financial support to the Ministry of Ghazi bonded according to (Rn) and the Ministry of Agriculture has allocated within its budget for the year 2012 about 300 billion dinars outside the allocation of agricultural loans for the purpose of supporting farmers and peasants oil derivatives and fertilizers, scientific research, as well as support for the livestock that include all the provinces Iraqi governorates except Kurdistan region.

The slave that the ministry has set high-level plan to support the peasants and farmers are not covered by loans for the development of agricultural production.

He pointed out that the Ministry of Agriculture during 2012 spent nearly 500 billion dinars for agricultural loans in order to implement strategic projects to support local agricultural production. "

وThe number of investment projects within the agricultural initiative to 19 projects have reached completion rate to 65% of the $ 37 billion Iraqi dinars.

The ministry completed its map of investment for 2011, which amounted to more than 900 billion Iraqi dinars for the implementation of 29 projects investment rate achieved 41%.

Referred to the Iraqi Finance Ministry warned earlier in the continuation of the "loss" of domestic production (agricultural - industrial), after declining the work of companies and laboratories Iraqi state-owned and joint and the private sector. And wait for the Ministry of Agriculture approved its law in the House of Representatives to support the projects of agricultural and organizing its annual plans. Reports confirm non-governmental organizations concerned with the economic aspect that Iraq has lost the past four years more than $ 180 billion because of its reliance on imported goods due to the decline in its domestic industry.

Iraq is working to reach self-sufficiency in agricultural crops by the year 2018 after the application of initiative that began in 2008 for the advancement of agricultural reality in the country after decades of neglect

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[rapidwind]

I do like how all these new projects are quoted with Dinar costs and not Dollar cost. Just wish someone would slip up and and run a dinar to dollar comparison that would be a hint as to a new exchange rate.

[cooked]

I do like how all these new projects are quoted with Dinar costs and not Dollar cost. Just wish someone would slip up and and run a dinar to dollar comparison that would be a hint as to a new exchange rate.

That would be nice.

[wpsmit]

how did they know how many dinars I have?

[gatoraces]

300 billion dinars. isn't that like 3.7 trillion dollars according to okie?