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Iraq has gone a long way in developing its international relations

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2018-2022 development plan stimulated the economy and accommodate private sector

 

 

   
 

 
 


9/8/2016 0:00 


 Abdul Zahra Mohammed al - Hindawi , 
 some believe that talking about the preparation of a new five - year development plan for the years 2018-2022 is still early and we have nearly a year and a half from the age of window Plan 2013-2017 after the Cabinet approved the request of the Ministry of Planning to start work on a new plan. 
It is not easy important that reach stakeholders to develop detailed frameworks for such a plan in a very rapid, economic and security policy changes at the local and international levels .. because the plan is also known need very stable conditions in order to find their way to the application. preparation of the plan , but in spite of these challenges , a real challenges can not overlook them, but we must start work early in thepreparation of the new development plan after reviewing the performance and implementation of the two preceding two plans levels, first is the 2010 -2014 plan working out stopped after two years of life as a result of political circumstances in the country and of the exit of troops occupation and Iraq 's possession of his decision to the political, economic, and characterized the plan with the old palace, is the magnitude of the oil revenues , which was obtained by Iraq, but the problem you encountered is the unity of the political differences within the House of Representatives, which was reflected in the annual budgets associated originally the general frameworks of the plan .. what It had no annual budget to see the light before four or five months of the year passed ,and this delay has led in turn to block the implementation of investment projects , both at the level of local governments (provinces) development program or investment program (federal ministries) .. this disruption was due to the large number of measures of the listing and advertising, analysis and referral and the start of implementation, and the result was that the financial and physical implementation of projects ratios were not exceed at best the (70 percent) while spin the rest allocated to the Ministry of money or the province to the next year and the beneficiary itself. cases of failure Perhaps the adoption of this style ( recycling) to create a state of relaxation among the beneficiaries and declining vigor .. then came the second development plan 2013 - 2017 and sought by their authors to benefit from the cases of failure that accompanied its predecessor, including the issue of recycling allocations is discharged, it has been canceled this article of the budget is no longer the money retained the property of the hand beneficiary but rather go to the public treasury of the state and shares of the measure to reduce the relaxation rates and the pursuit of full annual allocations disbursed. but the problem of approving the budget delay has not been exceeded in the first year of the plan in 2013, the budget in the month of April of the same year was issued .. then came the year 2014 and ended without a budget after the failed House of Representatives passed due to the sharp political differences .. in the same year , Iraq has witnessed violent shocks cast a dark shadow on the general framework of the Five - year plan .. in this year began oil prices rolled quickly to drop from about $ 112 to 60 dollars .. and coincided with the decline the fall of Mosul , however , the organization «Daash» terrorist then followed by cities and other provinces and resulted in large waves of displaced occurrence as well as stop all investment projects in those provinces which led to a high rate of poverty in Iraq to 23 percent after the It fell to 15 percent in early 2014 .. under these facts and serious shocks , the government is obliged to review all plans and procedures and previous ones development plan , which was launched in the circumstances of the country live in good economic affluence, and suddenly resources dropped by half or more .. and it was among the measures taken, the launch of the government program 2014-2018 and reconsidered by the investment projects , including reducing the burden of the government 's financial commitments and the allocation of funds for the relief of displaced people with no inclusion of any new projects in the public budgets of the state , which has become unable to prosecute the ongoing decline in oil prices and become a deficit ratios where large reach more than 25 percent .. and was working to re - adapt the development plan in accordance with the new challenges.international certificate from the foregoing it is clear that the plans of the previous two development , which has been prepared in spite of the giant efforts in their preparation of by national and international experts, These two plans scientifically and sobriety have obtained the international certificate by a lot of organizations and governments friendly and brotherly .. but the magnitude of the challenges that confound and influenced the Executive actually plans .. also that one of the difficulties facing the plans are not issued a binding law implementation, which loses strength with the presence of many exceptions and great challenges may contribute to pull the plan off track decree. but most importantly , this and that is the diminutive fiscal revenue and single - source .. that should - It is certain that this matter will not lose sight of the stakeholders put the plan - that It is given a wider space for other sectors of development that could be an alternative or supportive of the economy and mention here of agriculture and industry sectors , and the third was tourism and the latter expected him to witness a boom in the coming years after the marshes inclusion and a group of Iraqi antiquities on the World Heritage list, as well as the existence of thresholds Holy should reconsider benefit from financial mechanisms .. incomes also must not forget we are talking about the preparation of five - year development plan for 2018-2022 and the impact of the Iraqi private sector , which did not take his chance in the entire development process of construction .. If the previous plan had given for this sector account for 21 percent of the size of investments, requires a new plan that this figure doubled to 40 or at least 30 percent. developmental goals and looks a good chance to prepare for this plan quietly and deliberately to be able to achieve their development goals, especially that it will coincide with the entry of the agenda of sustainable development global into effect .. also must issue the plan by law in order to ensure its application in the ground .. this reality imposes on the plan the search for solutions to the problem of ongoing investment projects that the more than 4,500 projects in various fields at a cost of about $ 100 billion, these projects threatened disappearing that is not a solution to the funding and completion .. It also requires the authors of the plan to set clear vision on improving the level of performance and production of human and physical levels in light of the limited revenue and the resort of Iraq to external borrowing and the consequences of this borrowing from the selectors.
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so what this article  is saying ,  is exactly what  all of  dinarvets  members  have been saying a long time now  " all of the trouble lead from the bad leadership of malarkey and his cronies "  now  all the planning that went into 2013 ,  the oil business ,and the shipping ports ,  it even states the budgets of these 2 years  ,  malarkey  couldn`t get  a rock too roll down hill ,  no one would back him in parliament,  and  now ,  they are  back too square 1   with abidi  the newer  prime minister , who  is  getting things rolling along , start like gang busters  , and  still hitting it  well out of the park  as   bills  and legislation  are getting  pass the members of parliament  ,  and now  back too start point for abidi  and 2013   business !   "cleaning up the mess malarkey  left " 

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1 hour ago, jeepguy said:

so what this article  is saying ,  is exactly what  all of  dinarvets  members  have been saying a long time now  " all of the trouble lead from the bad leadership of malarkey and his cronies "  now  all the planning that went into 2013 ,  the oil business ,and the shipping ports ,  it even states the budgets of these 2 years  ,  malarkey  couldn`t get  a rock too roll down hill ,  no one would back him in parliament,  and  now ,  they are  back too square 1   with abidi  the newer  prime minister , who  is  getting things rolling along , start like gang busters  , and  still hitting it  well out of the park  as   bills  and legislation  are getting  pass the members of parliament  ,  and now  back too start point for abidi  and 2013   business !   "cleaning up the mess malarkey  left " 

And yet he is still walking....Go figure.

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The five-year plan ... from emergency poverty to difficult challenges

   
 

 
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03/2/2018 12:00 am 

Abdul-Zahra Mohammed al-Hindawi 

The government, represented by the Ministry of Planning, is preparing to launch the five-year development plan 2018-2022. The new plan will certainly be different from the previous plans, especially the 2013-2017 plan. This difference is the circumstances and challenges faced by the previous plan and the circumstances that will face the new plan. 

If the plan 13-17 was born under conditions that are less complex, they are highly complex, especially the low oil prices and the lack of alternative economic sources, and the emergence of a "dire" and the consequences of serious spread of what is known as emergency poverty as the levels of poverty rose overnight at large rates . 
In less than a year, the national poverty index rose from 15 percent to about 23 percent and from 20 percent to 41 percent in the provinces that have been subjected to the occupation of the terrorist "da'ash". These conditions have hindered the development plan and prevented its stated development goals from being achieved.
The expected challenges of the new plan 18-22 can be met by making it flexible and able to identify with challenges and respond to risks and thus achieve its desired objectives by stimulating productive sectors such as industry and agriculture and focusing on policies to improve asset management that promotes infrastructure activities such as water, sewerage, electricity, construction, transport, communications, Etc., and to channel investments sectorally and spatially according to the criteria of comparative advantage based on integration in development decision-making and implementation between different levels of management and the private sector, Oil to build a base for economic diversification.
The challenges are many and great, foremost of which is the security challenge. Despite the fact that Iraq is turning to the black "black" page with all its pains and pains, there are still significant challenges to the development plan. Another challenge is the limited or limited financial resources. We still rely on oil As a supplier head of the financing of the budget that was not the only one , it is the dominant gross domestic product with a clear decline in the contribution of other agriculture sectors to exceed its contribution to 5 percent at best and manufacturing industry , which contribution dropped to less than 1 percent in 2015. 
this limited or resource will be reflected in sales The financing of investment projects , whether planned or those that are under implementation and inherited from the previous plan, which stalled due to the lack of financial allocation required to complete the completion according to the timing of time.
If we exceed the security and financial challenges, considering that the state has become stronger and is able to impose its authority and to face any security challenge, and oil prices will see an improvement in prices over the next five years, as it is expected that the price of a barrel will range between 70-80 dollars in the global market This gives us some sense of urgency in achieving the five-year plan. 
There are other challenges, including: the file of the displaced, the weakness of the policies against the phenomenon of dumping goods, the continued high rates of consumer spending, the disparity in the distribution of incomes at the expense of decline and small investment spending, and a sharp disparity in spatial development throughout the country .. In addition to the imbalance of production structure and high debt rates Which amounted to 19 billion dollars as an external debt and about 48.5 trillion dinars the volume of domestic debt and most of those debts were going to fill the budget deficit resulting from high rates of consumer spending   
.
All these challenges will make the five-year plan difficult if it is not a flexible plan capable of responding to challenges. This flexibility and responsiveness can be achieved through a mandatory implementation plan, that is, a law that obliges all parties to adhere to the plan's directions. A law may delay its approval because in such a case it must go to the House of Representatives, and there may take a long time before you see the light, but to have a plan guaranteed implementation is better than a plan that may remain just ink  
on paper.

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%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-300

The announcement of the Iraqi Council of Ministers on the launch of the third five-year plan for Iraq, led observers to call for the results of the previous five-year plans, which was intended to end some of the problems experienced by the country during the period after 2003. The Cabinet approved in its last meeting headed by Haider Abadi, Five-year period for the period 2018-2022.

The Council noted in a statement that «the government approved the new five-year plan, which is based on key themes include good governance and the private sector, and reconstruction in the provinces and poverty alleviation», the plan focuses on the promotion of productive sectors (agriculture and industry), which move the rest of the sectors to the average Targeted economic growth of 7 percent. " "The plan also included increasing production capacity in the crude oil sector to 6.5 million barrels per day, in addition to providing sustainable employment opportunities and reducing poverty." The Council of Ministers voted to launch loans in the liberated areas and set December 22 as the date for provincial council elections. Iraq has implemented two five-year plans, the first 2010-2014, and the second 2013-2017, and is preparing to adopt the so-called 2030 development plan.

A member of the Committee on Economy and Investment Abdul Salam al-Maliki said in a statement to «life», that «everyone is surprised the feasibility of these plans, which allocate large sums and ends without leaving any positive effect little». He added that «the reason for failure of the planned and implemented is that the first one to adopt ready-made plans applied in other countries are completely different from the Iraqi experience or the problems in the country, and here is painted pink and when the implementation collides with a dark reality does not benefit any tricks or partial treatments». He added: «Iraq needs a process of sorting out the problems, every five-year plan must focus on one sector and no more so that the implementing agencies to identify the size of the problems and address within five years».

Economic expert Wafaa Al-Mahdawi revealed the details of the new five-year development plan, which will be different and carry the slogan of establishing the application of the State's active development principles with social responsibility in Iraq. "We have now embarked on a plan that transforms the role of the state into a partnership with the private sector, and calls for the contribution of the private sector by just over 40 percent of the total investment of the plan for five years," she said. "Infrastructure activities are the leading sector in this plan so that investments will be mobilized and directed to these activities to improve the productive sectors. We will seek to improve our existing asset management policy, so the plan takes into consideration everything that could limit the adoption of new investments."

The official spokesman of the Ministry of Planning Abdul-Zahra al-Hindawi, said that "the five-year plan, which the ministry seeks to implement in cooperation with most government agencies, aims to promote the sectors of health, tourism and electricity specifically." He pointed out that «this plan reflects the reality and the economic crisis experienced by Iraq and the emphasis on not relying on oil sources only, but resort to other sources». He revealed that «Iraq is part of the global political and economic system and there is an endeavor of the Ministry to benefit from the global experience and plans implemented by other countries in this area». Participating in the preparation of the new plan are experts and academics, as well as cooperation with various international organizations, including the World Bank and the Housing Fund.

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05-04-2018 12:27 PM
image.php?token=2fc28293f50fefb16d381ec084ce9246&size=
 


 

 

The announcement of the Council of Ministers on the launch of the third five-year plan for Iraq, observers to call for the results of the previous five-year plans, which was intended to end some of the problems experienced by the country during the period after 2003. The Council of Ministers in its last meeting headed by Haider Abadi, For the period 2018-2022.

The Council noted in a statement that «the government approved the new five-year plan, which is based on key themes include good governance and the private sector, and reconstruction in the provinces and poverty alleviation», the plan focuses on the promotion of productive sectors (agriculture and industry), which move the rest of the sectors to the average Targeted economic growth of 7 percent. " "The plan also included increasing production capacity in the crude oil sector to 6.5 million barrels per day, in addition to providing sustainable employment opportunities and reducing poverty." The Council of Ministers voted to launch loans in the liberated areas and set December 22 as the date for provincial council elections. Iraq has implemented two five-year plans, the first 2010-2014, and the second 2013-2017, and is preparing to adopt the so-called 2030 development plan.

A member of the Committee on Economy and Investment Abdul Salam al-Maliki said in a statement to «life», that «everyone is surprised the feasibility of these plans, which allocate large sums and ends without leaving any positive effect little». He added that «the reason for failure of the planned and implemented is that the first one to adopt ready-made plans applied in other countries are completely different from the Iraqi experience or the problems in the country, and here is painted pink and when the implementation collides with a dark reality does not benefit any tricks or partial treatments». He added: «Iraq needs a process of sorting out the problems, every five-year plan must focus on one sector and no more so that the implementing agencies to identify the size of the problems and address within five years».

Economic expert Wafaa Al-Mahdawi revealed the details of the new five-year development plan, which will be different and carry the slogan of establishing the application of the State's active development principles with social responsibility in Iraq. "We have now embarked on a plan that transforms the role of the state into a partnership with the private sector, and calls for the contribution of the private sector by just over 40 percent of the total investment of the plan for five years," she said. "Infrastructure activities are the leading sector in this plan so that investments will be mobilized and directed to these activities to improve the productive sectors. We will seek to improve our existing asset management policy, so the plan takes into consideration everything that could limit the adoption of new investments."

The official spokesman of the Ministry of Planning Abdul-Zahra al-Hindawi, said that "the five-year plan, which the ministry seeks to implement in cooperation with most government agencies, aims to promote the sectors of health, tourism and electricity specifically." He pointed out that «this plan reflects the reality and the economic crisis experienced by Iraq and the emphasis on not relying on oil sources only, but resort to other sources». He revealed that «Iraq is part of the global political and economic system and there is an endeavor of the Ministry to benefit from the global experience and plans implemented by other countries in this area». Participating in the preparation of the new plan are experts and academics, as well as cooperation with various international organizations, including the World Bank and the Housing Fund.

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A government adviser explains Iraq's five plan: welfare, growth and job opportunities

A government adviser explains Iraq's five plan: welfare, growth and job opportunities
 
 



 Twilight News    
 one hour ago

The economic adviser to the Iraqi government revealed the appearance of Mohammed Saleh on Friday that Iraq will see a remarkable change in growth in the coming years with the launch of the five-year plan for the years 2018-2022 
, Saleh told Shafak News, "The plan in its objectives and principles development track will translate fact to achieve an annual growth rate In gross domestic product (GDP) is more than 7 percent, compounding welfare by more than double the population growth rate of nearly 3 percent a year. " 
"Public and private investments will occupy important axes in maximizing gross domestic product (GDP) on the well-being of the individual in providing employment and employment, and the market share or the private sector in investments will be about 40 percent of the total investment of the five-year plan," he said.
He also praised the role of the private sector in the next five-year plan by "establishing the principle of partnership between the state and the private sector in investment, production and operation, which all constitute the philosophy of the plan and its principles based on the concept of the social market. Private sector ". 
"In addition to the role of the state in financing the market through the development funds that facilitate the conditions for civil projects and address the same time monopolies by sponsoring the competitive activity of the market." 
The Cabinet approved in its last meeting headed by Haider Abadi the five-year national development plan for the period 2018-2022.
The Council noted in a statement that "the government approved the new five-year plan, which is based on key axes, including good governance and the private sector, reconstruction in the provinces and alleviation of poverty." The plan focuses on the promotion of productive sectors (agriculture and industry) Targeted economic growth of 7 percent. 
He added that the plan also included increasing production capacity in the crude oil sector to 6.5 million barrels per day, in addition to providing sustainable employment and poverty reduction. 
Iraq has implemented two five-year plans, the first 2010-2014, and the second 2013-2017, and is preparing to adopt the so-called 2030 development plan.

Keywords: 

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Date of release: 2018/4/3 12:27 • 224 times read
Important details about the five - year plan 2018 - 2022
(Baghdad: Al-Furat News) Minister of Planning Salman Jumaili revealed details of the National Development Plan 2018-2022 prepared by the Ministry and approved by the Council of Ministers in its meeting last Sunday.
"The National Plan of 2018-2022 represents an important step for the wider launch of the sustainable development journey in line with Iraq's Vision 2030, guided by a set of sectoral policies and strategies based primarily on human capital," Jumaili said in a statement to the ministry. Social and people's economy and provide services at the lowest cost. " 
"Ultimately, a plan will pave the way for building a future state by addressing the challenges and objectives set out in Vision 2030 and providing new opportunities for growth, especially with continued international and regional support system" rel="">support for Iraq," he said. 
He added that "
He pointed out that "the National Development Plan 2018-2022, based on the analysis of the reality and the development of specific tracks to guide the priorities approved four axes directed to the plan is: {lay the foundations of governance and associated pillars and elements, the private sector, and the development of the business environment and investment, Poverty alleviation in all governorates, taking from the results-based management methodology a path to build a realistic framework in line with the available information on the current reality and review what was achieved in the previous plan.
Al-Jumaili added: "The plan also adopted its slogan: laying the foundations of an active developmental state with social responsibility or post-recovery options, a country that adopts and plays directed developmental roles in policy-making and the private sector is an active partner in defining and implementing economic, Through an enabling environment for attracting capital and expertise and in accordance with the principle of efficiency and real competition under a rational governance and in order to prepare for the adoption of the system of the social market economy as a method of economic management and keen to reduce the spatial disparity between the provinces. 
He pointed out that the plan "depends on the improvement of asset management, based on the philosophy of the development model by giving priority to labor-intensive sectors in order to reduce unemployment and achieve high growth rates."
The plan also tackled the problems and obstacles faced by the two previous plans, namely institutional, economic, social and environmental challenges, through the strategic objectives and principles adopted by them, among them the establishment of the foundations of good governance, economic, financial, monetary, banking and trade reform. The crisis of displacement and the loss of human security, as well as providing the requirements of an enabling environment for investment in all its forms. " 
"The national development plan 2018-2022 aims to achieve growth rate in the Iraqi economy by 7% by raising the gross domestic product to [292.5} trillion dinars in 2022 from 182.2 trillion dinars in 2015," he said.
He pointed out that "the expected revenues during the years of the plan will be about 440 trillion dinars, of which 370.2 trillion dinars of oil revenues and about 70 trillion dinars of non-oil revenues, while the volume of oil production in 2022 to about 5 million barrels per day and an export rate of up to 4 million barrels per day "He said. 
The Minister of Planning "As for the investments required during the five-year plan will be {220.6} trillion dinars, of which 132 billion trillion government investments amounting to 60% of the total investment and there are {88.6} trillion dinars are from the private sector and 60% of the total investments And the distribution of investments in the fields of mining, construction, finance, insurance, oil, electricity, water, trade, agriculture, manufacturing, transport and communications. 
He pointed out "
Al-Jumaili explained that "the plan has set goals and major directions for macroeconomic policies in the field of fiscal policy, monetary and trade as well as in the energy sector and manufacturing industries. In the area of electricity sector, the plan aims to increase the production capacity in the electrical system to about 21 thousand megawatts and increase the per capita energy to reach (4041) kw / h and work to rationalize energy consumption for different uses and reduce them by 7% and enhance the role of the private sector in the management of production and distribution sectors.
"In the field of manufacturing and extraction except oil, the plan works to increase the share of the gross domestic product in fixed prices of the non-oil manufacturing and extraction industries to 1.17% in 2022, and work on finding other sources to finance public sector projects and limiting the financing of the investment budget for strategic projects only , As well as supporting the petrochemical industries, fertilizers and industries that rely on mineral raw materials and benefit from the abundance of priority materials for these industries. 
"In the agriculture and water resources sector, the plan seeks to increase the contribution of the agricultural sector in the GDP to 5.2% and achieve growth in this sector up to 8%.
Al-Jumaili said, "The plan also set logical goals to be achieved in the transport, communications, storage, water, sanitation and building and services sectors. In this regard, work will be carried out on the completion of housing projects under implementation or suspended, including investment, which is estimated at 700 thousand housing units in all provinces, In addition to providing 100 thousand housing units according to the methods and modern technologies and the establishment of 100 thousand other housing units suitable for the requirements of securing the return of displaced persons and slums and transgressors, and provide 50% of mortgage financing private sector investment required to cover the housing deficit. 
He pointed out that "the plan has set goals in the sector of culture, archeology, population, manpower, human and social development, health, youth, women, social development and others."
He pointed out that "great efforts have been made by the team of experts and those concerned in preparing the five-year development plan 2018-2022 since the start of work on the preparation in 2016, while we emphasize that this team was able to develop a development plan responsive to the challenges and the flexibility to make them possible Taking advantage of our previous two development plans (2010-2014) and {2013-2017}, which have faced great difficulties and challenges, we highly value the efforts of the team and all those who contributed to the preparation of this plan, which is closer to a policy plan than a program plan.
"The chances of success for this plan will be better than the circumstances that accompanied the previous two plans. First of all, Iraq is rid of terrorism. Today, it adopts the philosophy of sustainable development building, building strong partnerships with the national private sector and benefiting from international support system" rel="">support, economically and politically, With the availability of unified national political will that will provide a more stable environment for the implementation of development policies that allow us to activate effective economic alternatives to reach a national economy is multi-not unilateral. "
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Spatial development first

   
 

 
 


21/4/2018 12:00 am 

Thamer Hymes

The five-year plan (2018-2022) can be described as promising and balanced, as the sectors are kept at the macroeconomic level in electricity, manufacturing, extractive, agriculture, water resources, construction and housing.

As previously known, development has problems that need to be addressed through the distribution of priorities. Previous plans have recorded gaps in spatial development. The previous plan (2017-2017), although not implemented due to the known circumstances, indicates that the spatial development of Baghdad The highest ranking by achieving a record in the development of productivity (industry and agriculture) while the rank of Muthanna province  
less. 
Therefore, the priority table is the road map for spatial development in terms of implementation and the pillars of sustainable development. For example, in priority housing for the governorates of Qadisiyah, Dhi Qar and Maysan, the most deprived by 45% according to the 2013-2017 plan.
The situation became more noticeable after 2017, as the provinces of Anbar, Mosul, Salah al-Din and Diyala become the top priority despite the fact that the housing problem in the governorates of Qadisiyah, Dhi Qar and Maysan has not been addressed. Share the four provinces affected by the  
"hasty". 
To know how to deal with this problem because it may go in the light of data before «urging» Is (100 thousand housing units) to secure the return of displaced persons and slums and transgressors as contained in the target numbers of the plan in force now?
 We hope to fill the gaps and establish a good basis in all respects, which provides long-term economic stability between Baghdad and the provinces as Baghdad is attractive to migration from the countryside to the city, which also stimulates the bridging gap between the import and the local output in the production of building materials, 
The bridging of the sustainable development gap in the housing sector requires the investment of many raw materials as well as the existence of factories for producing prefabricated houses that do not exceed KD 30 million with building materials, most of which allow local owners to build three-storey buildings with international specifications. We are suffering a crisis in housing and manufacturing and forget the unemployment that will be absorbed by our labs industrial integration, agriculture  
and service.

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They can develop all the slogans they want  That won't accomplish a thing. Countries aren't flocking to help.  This will take much longer than hoped. 

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 Emaar Construction


Economy News Baghdad:

Deputy Minister of Planning, Maher Hammad Johan, announced that the government will launch the National Development Plan 2018-2022 next Wednesday.

"Next Wednesday, we will launch the National Development Plan 2018-2022 under the patronage of Prime Minister Haider al-Abadi," Johann said in a speech at the seminar organized by the Institute for Progress of Development Policy at the headquarters of the "station" and attended by "Economy News", noting that "the plan will include several stages to improve the environment Economic development, environmental sustainability, private sector development, etc. "

"The plan also includes the focus on the development of education, health, women, youth and social development." The private sector now accounts for 37 percent of GDP and is expected to be a partner in the services and production sectors through the national development plan.


Views 314   Date Added 05/05/2018

 
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On 4/20/2018 at 5:25 PM, 10 YEARS LATER said:

:rocking-chair:10YL + 5 & waiting. . . 

I'm right there with you 10yr + 5. Let's hope for the best time !!! I truly don't think we have been this close to it before 🤞🏼

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Has anyone seen or read this five year plan for 7% growth?  It seems that trade and international standing to do business (RV/RI) would have to be a part of this plan in order for Iraq to achieve this much consecutive economic growth. One can only hope and pray! 

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3 hours ago, Shelley said:

I'm right there with you 10yr + 5. Let's hope for the best time !!! I truly don't think we have been this close to it before 🤞🏼

 

Too true Shelley - things do feel much, much different these days. I trust the wait will be over by end of June at the latest. :praying:

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Five-year plan and partnership with the private sector

   
 

 
 


07/5/2018 12:00 am 

For the Sustainable Development 
Baghdad / Saha Sheikli 
The five-year plan was prepared by the Ministry of Planning for the years 2018 to 2022, and the plan has tried to promote the development of various sectors, especially after the conditions faced by Iraq in the economic side. 
The official spokesman for the Ministry of Planning Abdul-Zahra al-Hindawi on the five-year plan, saying: "The Iraqi economy is one-sided dependence on oil in the financing of the budget, which created structural vibrations." 
He added to the "morning" "When the decline of oil prices shaken the economy because of the lack of alternative resources, if prices have improved , it does not mean that there is no future crises, there is a market for oil prices are subject to supply and demand , as long as what makes prices vulnerable to change, reflected the economic reality. " sustainable development



He stressed that "the plan focuses primarily on the axis of partnership with the private sector, which has become an important partner in achieving sustainable development, pointing out that" the private sector is still eager to enter this partnership, and was the private sector during the crisis of 2014 to enter strongly to fill the vacuum left by The decline of the public sector because of the decline in financial and cash flow, and private sector income but weakly. " 
He said," The five-year plan to enter the private sector has given 40% of the volume of investments expected to be achieved, compared to 60% of the public sector, and 40% is equal to 88 trillion dinars on Over five years to 132 trillion "If the private sector can achieve this percentage of investments, this ratio will increase, especially since the government launched two years ago the strategy of developing the sector until 2022 in order to empower and grant the leadership of the development of the private sector in general.



Hindawi said that "the most important sectors of the partnership is to resolve the housing crisis, and there is 50% of the volume of investment allocated to housing will be the private sector with the public sector and this proportion, with a great need for housing, the private sector will have a significant role in this 
 area." 
The plan estimated that the expected growth rate in the Iraqi economy up to 2022 would be about 7 percent, which corresponds to the estimates of the World Bank and other experts outside the ministry, and corresponds to the global vision of growth in Iraqi economy.
Hindawi said that "the sector has great potential and capabilities if the investment is properly invested and today the government is about to launch a new law (the law of partnership with the private sector), which is a very important law and positive for the private sector and will give real guarantees to him and with the existence of this law will not be there Concerns and arguments by the 
 private sector . " Tax and customs and explained that " the financial resources that will be realized in the coming years will be about 400 trillion dinars, and this comes from two sources , the president is the oil, and will be its revenues account for 70 percent, the second source is the tax, customs and contributions of industry, agriculture and tourism sector."




"The plan was prepared by a team of experts representing various bodies including university professors specializing in the economy, including the private sector and civil society organizations as well as representatives of the relevant ministries, as well as the use of international expertise from United Nations organizations such as the United Nations Development Program And the World Bank, these entities contributed in one form or another in the process of preparation and review of the plan, which lasted two years since 2016 to the beginning of 2018 and these years witnessed many conferences, workshops and seminars, and the plan focuses on four main tracks are addressing poverty in the form of Li and provincial reconstruction, and to achieve good governance and equal opportunities among the members of society, and represents a real plan to respond to the challenges of the plan because it focuses on the applicable policy - making clear in the ground. Financial challenges



Hindawi said that the plan is ambitious and represents the real response to reality and adopt the basic principles of its implementation, be mandatory implementation, and the gradual transition of economic transformation and be sustainable, but the obstacles are the same constraints that faced the previous plans, the plan of 2017 and 2014 are the financial and political challenges, And social, this plan tried to find solutions to these challenges by giving sufficient flexibility, and alternative solutions and thus give some kind of ability to implement, especially as all the relevant parties participated in the 
 preparation.
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Government and Development Plan applications

   
 

 
 


07/5/2018 12:00 am 

During the seminar of the Institute for Progress in Development Policy 
Baghdad / Shukran al-Fatlawi 

Following the liberation of the cities of Daqash and the management of investments in these areas, the conference of the Institute for Progress in Development Policy (DIPC) was attended by Undersecretary of the Ministry of Planning and Finance Dr. Maher Hammad Johan, and the management of the seminar Economic Adviser to the Prime Minister d. The first of which is the National Development Plan 2018-2022, as well as the theme of "Development Agenda and Iraq Vision 2030, National Trends in support of Sustainable Development Goals, and the Kuwait Conference on Reconstruction and Development.

The Deputy Minister of Planning and Finance d. Maher Hammad Johan during the seminar, which was attended by "Sabah" with a selection of experts of finance and economy and businessmen, "The reconstruction needs in the liberated and directly affected provinces amount to about 104 trillion dinars, equivalent to 88 billion dollars," pointing out that "the current economic and financial situation Is unable to cover these commitments for the next phase of recovery and development, despite weak contributions to external and 
private sector funding  . " 
For his part, the economic adviser to the Prime Minister d. "Real development requires improved asset management," he said. "Working on the other hand is diminishing the value of assets, which is like putting a cart in front of a horse, which represents a developmental hurdle."
Saleh stressed the need to "a layer of good managers for development, as well as the importance of feasibility studies at a high level to get rid of the failed projects," stressing the need to restructure banks facing challenges and internal rejection, not to mention the creation of good employment opportunities for young people, . economic democracy returned Johanne confirms "we are working on developing a methodology for reconstruction without relying heavily on international grants and loans , including good governance for the reconstruction of building institutions in a transparent fiscal framework, a popular demand, as well as globally, which McCann is supposed to work It has been a long time former".




He added that "the government has developed a funding strategy for the next phase is to develop the principles of the President is based on high coordination between the relevant authorities and the optimal guidance of resources through the identification of priorities and the type of activities," noting that "the need to apply resolute decisions in the economic process, An example of this is the fact that democracy in economic decisions may not achieve the goal as a result of tug-and-pull, in terms of domestic and foreign investments. " Methodology of reconstruction



He explained that "rehabilitation of the infrastructure is not to be destroyed during the occupation is only encouraging, but there are other factors that increased the need for projects, including the cessation of development and non-implementation of projects included in the previous plans, as well as the natural increase in the size of the population, which requires increasing projects, Services, "revealing the existence of 5 thousand projects on the ground stopped more than 200 trillion dinars and the annual decline of more than 4 trillion dinars, and therefore the reconstruction should be considered this problem." 
He pointed out that "poverty indicators exceeded 20 percent in general Iraq as well as emergency poverty The liberated areas , which reached more than 40 percent, along with what caused him to stop the employment of the increase in poverty and unemployment policy with the growing number of graduates each year. "
"Implementation of the reconstruction framework requires a dedicated and decentralized approach to facilitate implementation. It also requires coordination between the government, international partners and other actors involved in the implementation of priority activities identified, a specialized monitoring system that monitors the use of public funds, including international development assistance, Implementation process easily. " 
He stressed that "the government is working to develop the appropriate mechanisms to implement the development plan in accordance with its goals, which are the main axes of governance and good governance to be able to implement the plan, while the second axis includes the reconstruction of the country as a whole and not only liberated areas, after the halt of the wheel of reconstruction because of the security and economic crisis, The third axis concerns the indicators of human development at the level of health and education, and the fourth axis the development of the private sector.
He pointed out that the State is serious about the last axis to achieve a real partnership with the private sector to reach the size of its contribution to local production, more than 40 percent in all sectors.

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The next economic program

   


08/5/2018 12:00 am 

Hussein Thagb 

Economic programs are an important focus in changing the future courses of action for the better, with their orientations and plans are applicable in light of the availability of a number of data, which reach the developmental march to achieve the desired goal.

With the upcoming elections, the local circles hope that the next economic program will be a platform for an effective start towards the long-awaited development process, amid the availability of elements of advancement. At the same time, there are challenges that may confuse the work. 
The national economy, where the stage of overcoming the challenges is the real key to a large regional and international labor market. We are well aware that the developed international effort has specialized sections that study the reality and the workplace environment. From all sides, especially legal  
and security.
The government program is in dire need of drawing up a new road map that works to overcome all challenges without exception, and an effective role for the one window in completing the actual and short period of the requirements of investment work, which is the main axis of development after there has been a decline in financial revenues due to the decline in prices, Its gradual recovery is cautious. 
Iraq is a great field of work and this is known to all the economies of the region and the world, which necessitates us to make offers that attract international capital and make it a pillar of the process of building and reconstruction of the country, and here can benefit from successful global and regional experiences and employment locally after the Iraqi characterization. 
As long as we need the international effort with its advanced technologies and capital, our future economic program is in dire need of standing in the attractive environment of the Iraqi immigrant and international effort that wants to work for us, and when we provide such attractive elements, we have set our feet on the path of the great labor revolution expected by the national economy. Does not require exceptional efforts, given the availability of various natural resources and 
young human resources  . 
It is not impossible to achieve our development goals. We are the richest country in the world with the size of wealth in the clio square meters relative to the population according to the statistics of the specialized centers. Here, the will has a great role in achieving this goal after the performance of the concerned parties with their tasks in this 
important economic  . 

The next economic program is able to chart its development trajectories with unprecedented success after it exceeds the threshold of challenges, which were not impossible at the core, and Iraq is in the ranks of major global and 
regional economies  . 

http://www.alsabaah.iq/ArticleShow.aspx?ID=156780

 

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