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Iraq is planning to implement reform programs to lift the country's economic growth


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May 6, 2014 12:05   Last Updated: May 6, 2014 12:05


 


 

 




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Central Bank of Iraq, that the National Development Plan 2013-2017, seeks to raise the economic growth and the implementation of reform programs and development projects are many, as he emphasized that such a plan and policy aim to raise the GDP growth at an annual rate (13.3%) and the development of non-oil activities at an annual rate (7.5%). According to newspaper-term administration has said the central bank in response to questions addressed to them (range Press), "The National Development Plan 2013-2017, seeks to raise the economic growth, especially in light of the improvement in the economic climate and the surge expected of crude oil production and export, as well as the commitment to implement the reform programs and existing development projects and targeted. " the bank said, "The plan of development and political central bank aims first to raise the GDP growth Bmal annual rate of (13.3%) during the years of the plan (2013 --2,017), and to the development of economic activities in non-oil, commodity and distributive and service, an annual growth rate (7.5%), "noting that" the third axis of the Five Year Development Plan, which includes the need for the development of activity of crude oil at an annual rate (18, 7%). "mentions that Iraq was launched in May of 2010, the National Development Plan Five-Year 2010-2014, under the theme" Towards the Iraqi economy is diverse and sustainable ", in order to reduce disparities between urban and rural areas, and the creation of infrastructure and providing social services and jobs, and to increase GDP increased by 9.38 percent annual growth rate during the period of the plan with work on diversifying the economy, which currently relies on oil imports.






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as he emphasized that such a plan and policy aim to raise the GDP growth at an annual rate (13.3%) and the development of non-oil activities at an annual rate (7.5%).


That would amazing in this world economy, most countries are only doing 1 or 2%.
Wm13
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