Abadi: five-year economic plan "ink on paper" and did not show results

[yota691]

Abadi: five-year economic plan "ink on paper" and did not show results 

Published in: 3:27 pm, April 16, 2013 Editor: ipa 2

 

BAGHDAD (Iba) .. A member of the Economic Committee criticized Attorney Qusay Juma Abadi, five-year action plan developed by the state and the scheduled completion in early 2014, describing it as "ink on paper."

Ebadi said in a statement to the independent press agency (IBA) Tuesday that "five-year plan established by the State in order to support the investment process and reduce dependence on oil imports and diversify the budget did not appear landmarks clearly so far, noting that" Iraq's dependence on the oil sector and the absence of any diversity the resources of the general budget of the state. "

And added, "five-year plan just ink on paper without any clear results on the economy of the country, calling for" the formation of an economic research and study of the five-year plan that will be for the years to come. "

"It must be a real five-year plan and develop a strategic policy for the country under the supervision of experts and economists in systematic programs accurately to activate economic sectors agriculture, industry and provide jobs for the labor and increase the resources of the budget." (End) 

 

[sandfly]

COME ON GET IT TOGETHER

[Belecosity]

hmm maybe if they would put some value to their currency they would be able to build other sectors.. They need foreign investors in other areas, just like with oil.