Disclosure of the details of the next five-year plan for the coming years in Iraq

Disclosure of the details of the next five-year plan for the coming years in Iraq



Saturday 23 December 2017 12:30 pm

BAGHDAD - The economic expert, Wafaa Al-Mahdawi, unveiled on Saturday the details of the five-year development plan for Iraq starting from 2018 to 2023, and announced that this plan will be different from the previous one.

"We are now heading to a new development plan that will be drafted in the first month of 2018, and it is about to be completed. This new plan has a proposal that may carry the slogan of" laying down the application of the active development of social responsibility in Iraq, "Mahdawi said. The transformation of the role of the state to be a partnership with the private sector and call for the contribution of the private sector by a percentage may exceed slightly 40% of the total investment plan for the next five years.

"Infrastructure activities are the leading sector in this plan so that investments will be mobilized and directed to these activities so as to improve the productive sectors of agriculture and industry, sectorally and spatially and thus gradually shift through this stage under the constraints of public debt and low oil prices, we will strive to improve Existing Asset Management Policy The philosophy of the development model of 2018 and 2023 has taken into consideration all the determinants that may limit the possibility of adopting investments and expanding new investments. "

"The sectors of agriculture, industry, housing, oil and gas are included in this plan. They are based on four main axes: Emphasizing the restoration of stability and development, reconstruction of areas liberated from terrorist organizations, and the private sector partnership. "The plan emphasizes the governance of institutions, as well as the poverty issues. The first national strategy for Iraq will be launched in the first month on poverty." Poverty rates have widened and the poverty base among the displaced N by up to 40 percent, ".anthy 3

http://aynaliraqnews.com/index.php?aa=news&id22=89161

To be totally honest, I Personally think it will be a lot longer than that, considering how long this investment has taken, say, 15 years- They have a long way to go, and Abadi needs a cattle prod to get him to move faster......