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Abadi adviser: government action to raise the growth rate in 2015 to 3%
10:52: 12/10/2014
Khandan - The appearance of Mohammed Saleh economic adviser to Iraqi Prime Minister, said the government is implementing a package of economic measures, the adoption of legal legislation in the next year in order to raise the growth rate to 3%.
Saleh said, that the estimates announced by the International Monetary Fund on the Iraqi economy, growth in the next year by 2% "realistic" because it is based on the conditions experienced by the Iraqi economy as a result of the impact of the war against al "Daash" on economic development.
He told told Anatolia that "the population growth rate is still higher than rates of economic growth and result in the creation of this economic hole."
He explained that the population of Iraq to rise at a rate of 2.7% per year, while economic growth averaging 2% in the next year due to the war against al "Daash" you get a large proportion of spending allocations in the fiscal budget.
He predicted adviser to Prime Minister, that the share of the military establishment in next year's budget more than 17% of the total size of the budget, which means that affected the annual development plans for the different economic sectors, the existence of a budget deficit and lower oil prices in global markets.
And the mechanisms by which the Iraqi government will be adopted to raise the rates of economic growth, the Iraqi official said the government intends to draft a bill to stimulate industrial mixed and private sector, and the establishment of industrial cities, in addition to the continuation of agricultural initiative that would raise growth rates, with the continuation of the government in administrative reform processes and financial.
He also noted that the government is moving the application of a package of economic laws, which include domestic product Protection Act, Consumer Protection Act, tariff and all of which are approved in the previous parliamentary session was not being applied to the law.
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10:52: 12/10/2014
Khandan - The appearance of Mohammed Saleh economic adviser to Iraqi Prime Minister, said the government is implementing a package of economic measures, the adoption of legal legislation in the next year in order to raise the growth rate to 3%.
Saleh said, that the estimates announced by the International Monetary Fund on the Iraqi economy, growth in the next year by 2% "realistic" because it is based on the conditions experienced by the Iraqi economy as a result of the impact of the war against al "Daash" on economic development.
He told told Anatolia that "the population growth rate is still higher than rates of economic growth and result in the creation of this economic hole."
He explained that the population of Iraq to rise at a rate of 2.7% per year, while economic growth averaging 2% in the next year due to the war against al "Daash" you get a large proportion of spending allocations in the fiscal budget.
He predicted adviser to Prime Minister, that the share of the military establishment in next year's budget more than 17% of the total size of the budget, which means that affected the annual development plans for the different economic sectors, the existence of a budget deficit and lower oil prices in global markets.
And the mechanisms by which the Iraqi government will be adopted to raise the rates of economic growth, the Iraqi official said the government intends to draft a bill to stimulate industrial mixed and private sector, and the establishment of industrial cities, in addition to the continuation of agricultural initiative that would raise growth rates, with the continuation of the government in administrative reform processes and financial.
He also noted that the government is moving the application of a package of economic laws, which include domestic product Protection Act, Consumer Protection Act, tariff and all of which are approved in the previous parliamentary session was not being applied to the law.
[You must be registered and logged in to see this link.]
