21/02/2011 CBI calls on the Government to address the impediments to the implementation of the Five-Year Plan
Baghdad, The Central Bank of Iraq adviser said on Monday that the five-year plan adopted by the Iraqi government dominated by the nature of the theoretical and more practical to address the constraints on the government for implementation during the fastest time to advance the rate of economic development in the country.
He said the appearance of Mohammed Saleh told the Kurdish news agency (Rn) that "the five-year plan adopted by the government for the advancement by the country's service plan is very special, but convincing economically difficult to apply in practice in Iraq."
The Iraqi government has launched last July the National Development Plan for the next five years, from 2010 to 2014, which is expected to include nearly 2700 projects in various sectors, worth up to $ 186 billion. link ~ *** Iraq launches five-year plan for economic development ... and *** Sunday, July 4th ~ The 5-year NDP to be launched ...
Baghdad, The Central Bank of Iraq adviser said on Monday that the five-year plan adopted by the Iraqi government dominated by the nature of the theoretical and more practical to address the constraints on the government for implementation during the fastest time to advance the rate of economic development in the country.
He said the appearance of Mohammed Saleh told the Kurdish news agency (Rn) that "the five-year plan adopted by the government for the advancement by the country's service plan is very special, but convincing economically difficult to apply in practice in Iraq."
The Iraqi government has launched last July the National Development Plan for the next five years, from 2010 to 2014, which is expected to include nearly 2700 projects in various sectors, worth up to $ 186 billion. link ~ *** Iraq launches five-year plan for economic development ... and *** Sunday, July 4th ~ The 5-year NDP to be launched ...
He continued that "the difficulty of the application comes because there are considerable constraints facing the Five-Year Plan highlighted the relationship between the private sector and government and the mechanism for the Advancement of sectors across the economic system and clear."
The center "Alistza" French and one of the centers responsible for monitoring the project planning in the countries of the world, especially in developing countries, issued last Friday, a report confirming that Iraq has adopted a five-year plan failed can not meet the needs of the main being the need to plan with the features and clear benchmarks to manage and address the problems of service that affecting citizens.
Confirmed that the Ministry of Planning and Development Cooperation that five-year plan is still in the first way and can not be judged.
Salih noted that "the allocation of 180 billion plan over five years means that each year the government had allocated 36 billion annually from the investment part of the budget, which will raise the level of national income to 7% and will reach 3% of gross domestic product."
The Iraqi Government has allocated $ 186 billion five-year plan to implement the $ 100 billion of public budgets of the country and the remaining $ 86 billion of investment projects, domestic and foreign.
The benefit of that "the government had to address the obstacles that stand in the actual conversion of this plan to practice in the country and raises the level of economic development in the direction of the country easier and more economic benefit to the country."
And see the entire Iraqi provinces wave of protests condemning the poor services and financial and administrative corruption in government institutions demand better living conditions for Iraqis and the provision of services and employment opportunities in accordance with the promises, which was launched before the parliamentary elections last year.
And announced the Federal Ministry of Planning that the percentage of economic growth will in accordance with the strategic plan set by the ministry to 47% after it is completed in 2014.
The International Monetary Fund had said earlier that the economic growth of Iraq has been slower than expected during 2010 in the Economic Review of the Fund, due to expected growth in oil production.
He described the Iraqi Central Bank earlier in the rates of economic growth for the year 2010 as "shameful" compared with past years. He revealed last October that the 2011 budget will raise economic growth to 10% of what it was.
also ~ more related articles ...
