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Parliament: five-year plan to support the economy and reduce dependence on oil
11/18/2012 12:00 am
BAGHDAD - morning
confirmed a member of the Committee on the economy and investment MP Abdulabas Xiaa, that five-year plan set by the Ministry of Planning will strengthen the national economy and the diversity of its revenue financial and reduce the adoption of budgets coming on oil revenues.
said Xiaa: The Ministry of Planning process of preparing five-year plan for economic development (2013 --2,017) and in cooperation with relevant ministries and provincial councils, to diversify state revenues financial and reducing reliance on revenue unilateral derived from oil sales. added: that the plan will stimulate other economic sectors such as tourism, agriculture and industry for the purpose of promotion as well as activating the tariff and tax measures to diversify the revenue of the Federal building public budget. pointed to: that the total dependence on oil revenues is a danger to the national economy, because the region and the world they live a state of political tensions and international threats that directly affect oil prices or transferred Kaglaq Strait of Hormuz or the like, we must work to diversify sources of national income. The Ministry of planning a five-year plan for economic development and implementation of the (2013 - 2017) with all ministries and relevant agencies.
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