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300 billion dinars to support agricultural activities
Date: Thursday, 03.15.2012 9:50
Baghdad / follow-up range
Ministry of Agriculture announced Wednesday the completion of planning to implement 195 investment projects during 2012 and an area of 11 million acres, which is the equivalent of 2500 hectares, and drew to the allocation of 300 billion dinars to support agricultural activities outside the provision of agricultural loans.
The Director-General of the investment in the ministry morning shield according to (Rn) and the Ministry of Agriculture has identified investment map in 2012 with 195 projects and an area of 11 million acres was completed in which its ownership of the implementation of projects, agricultural investment. "
The Shield of the Ministry of Agriculture is working to facilitate the implementation of investment projects and the involvement of sector private local and foreign projects in the livestock and plant. "
He continued to shield investment map for 2012 completed its landmarks is under copyright, and will become a trader in the investors during the next two weeks. At the same time said administrative agent and financial support to the Ministry of Ghazi bonded according to (Rn) and the Ministry of Agriculture has allocated within its budget for the year 2012 about 300 billion dinars outside the allocation of agricultural loans for the purpose of supporting farmers and peasants oil derivatives and fertilizers, scientific research, as well as support for the livestock that include all the provinces Iraq except the provinces of the Kurdistan region.
said slave that the ministry has set high-level plan to support the peasants and farmers are not covered by loans, farm for the purpose of developing production.
He pointed out that the Ministry of Agriculture spent during the year 2012 around 500 billion dinars for agricultural loans in order to implement strategic projects to support local agricultural production . "
The number of investment projects within the agricultural initiative to 19 projects, the percentage of achievement in which 65% value of 37 billion Iraqi dinars.
completed the ministry its map of investment for 2011, which amounted to more than 900 billion Iraqi dinars for the implementation of 29 projects investment rate achieved 41%.
referred that the Iraqi Finance Ministry warned earlier in the continuation of the "loss" of domestic production (agricultural - industrial), after declining the work of companies and laboratories Iraqi state-owned and joint and the private sector. and wait for the Ministry of Agriculture approved its law in the House of Representatives to support its agricultural and organizing its annual plans. confirm reports of non-governmental organizations concerned with the economic aspect that Iraq has lost the past four years more than $ 180 billion because of its reliance on imported goods due to the decline in its domestic industry.
works Iraq to reach self-sufficiency in agricultural crops by the year 2018 after it first began applying initiative in 2008 to promote the reality agriculture in the country after decades of neglect.
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