Iraqi Planning Minister Ali Baban
15/02/2010
Samira Ali Mandy
Preparing the Ministry of Planning and Development Cooperation of the Declaration on the five-year plan which will include hundreds of important projects distributed to the vital sectors, according to officials in the ministry.
It was scheduled to be held Monday press conference to announce this strategy, which will extend from 2010 - 2014, but the ministry announced to postpone the conference until further notice, according to a ministry statement.
The Minister of Planning and Development Cooperation, Ali Baban, announced during a joint press conference held last week with Oil Minister Hussain al-Shahristani. Announced the preparation of a five-year development plan is unprecedented in the country to implement giant projects in all sectors.
The minister said in a press release posted on the website of the Ministry of Planning that the investment program of the plan includes more than 2700 projects distributed among all sectors and activities to all provinces in a balanced and total cost amounted to 186 billion dollars over five years to implement the plan, which will be funded through the federal budget as well as through domestic and foreign investment, pointing out that it would provide between three million to four million five hundred thousand new jobs over the coming years, as reflected by a clear absorption of unemployment in the country.
Deputy Prime Minister Rafie al-Issawi is expected to be announced soon about the details of five-year plan, stressing in his interview with Radio Free Iraq that the plan's success depends on application rates and the implementation of budgets for each year.
Economy is characterized by the Iraqi economy as a one-sided, because it depends on oil imports in national income, and that Abdul-Hussein Al-Anbuge Adviser to the Prime Minister for Economic Affairs that the five-year plan will focus on the oil sector in addition to electricity.
Head of the Central Bureau of Statistics, Dr. Mahdi Keywords explained to Radio Free Iraq that the five-year plan includes projects in all vital sectors, including industry.
Abdul Hussein Al-Anbuge Adviser to the Prime Minister for Economic Affairs finds that the plan will contribute to the reform of the structural imbalance suffered by the Iraqi economy through the adoption of standards and social factors with the factors and economic criteria.
Anbuge confirms that the government will not be the main driver of the process of reconstruction, development and delivery of services but Ciecarkha private sector play a significant role, effective and essential to the source.
Deputy Prime Minister Rafie al-Issawi expressed optimism that the success of the plan and in response to a question about the existence of challenges such as those faced by previous plans.
