Monday, May 2, 2011

Planning expects improved financial situation in Iraq in the coming years

Monday, May 5, 2011

Planning expects improved financial situation in Iraq in the coming years

Baghdad, sign and Undersecretary of the Ministry of Planning for Technical Affairs Dr Sami Matthew Paul Head of Technical Committee for the preparation of the national development plan improved financial situation in Iraq in the coming years.


Paul said in a statement to the reporter (news agency reported on) today, is expected to improve the financial situation in Iraq, as well as for increases in financial resources of the country.

He favored the Undersecretary of the Ministry of Planning for technical affairs, said the total investments for the investment budget is better than the current year, noting that the more the resources available for investment spending surely that the results of the national development plan achieved better.

The Ministry of Planning has launched over the past year National Development Plan 2010 2014, where it not only in dealing with the significant development on the government investment, but also considered the private sector a key partner in the development process and expects to contribute to the insurance of up to 46 percent of the investment required to achieve the visions and goals.


This plan, has been diagnosed with the sectors and activities and events that can be the local private sector and foreign investment.


The plan also calls to strengthen the decentralized management of development, and to give roles more effectively to the provinces in this area, according to the evolution of capabilities and capacities to manage the development process also included axes did not receive attention in previous plans in Iraq, a topic the spatial dimension of development and distribution of the fruits of development in a fair and just across the country according to the level of deprivation and need and the sizes of population in the area of ​​public services and the infrastructure and in accordance with the potential and comparative advantage in productive sectors and the sectors of ports, tourism and archeology, as well as interested in the plan the subject of sustainable development, and stressed the balance in the development decision on the dimensions of the three sustainable development and of economic and social dimensions, environmental, and called the plan to the use of environmentally friendly technologies and to address cumulative environmental impacts of previous decades

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