Iraq’s Council of Ministers Backs Five-Year Development Plan
April 27 (Bloomberg) -- Iraq’s Council of Ministers passed a five-year development plan for the country, government spokesman Ali al-Dabbagh said in an e-mailed statement today.
The plan was approved after “taking into consideration the proposed adjustments by some ministries,” al-Dabbagh said, without providing further details.
In February, Iraq’s Ministry of Planning and Development Cooperation said it had finished the draft development program for 2010-2014, and that it included more than 2,700 projects worth about $186 billion, to be funded by the federal budget.
On April 2, the ministry said the plan would lead to annual economic growth of as much as 9.4 percent through the creation of jobs.
April 27 (Bloomberg) -- Iraq’s Council of Ministers passed a five-year development plan for the country, government spokesman Ali al-Dabbagh said in an e-mailed statement today.
The plan was approved after “taking into consideration the proposed adjustments by some ministries,” al-Dabbagh said, without providing further details.
In February, Iraq’s Ministry of Planning and Development Cooperation said it had finished the draft development program for 2010-2014, and that it included more than 2,700 projects worth about $186 billion, to be funded by the federal budget.
On April 2, the ministry said the plan would lead to annual economic growth of as much as 9.4 percent through the creation of jobs.