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Revealed the Ministry of Planning, said Tuesday that the housing sector "is still greatly affects the high and low rates of inflation," and showed that inflation for the year 2013 "rose to 2.6% due to housing", saying it "develop plans to ensure to solve the housing crisis, which affects the reality of inflation is positive. "
The Minister of Planning Ali Shukri said in an interview to (range Albers) that "the housing sector in the whole of Iraq is still greatly affects the high and low rates of inflation," and explained that "inflation for this year and because of housing has risen to about 2.6%, which confirms that the housing continues to be a burden on the citizens. "
He thanks that "the ministry is still studying and develop plans to ensure solving the housing crisis in cooperation with the ministries and departments concerned," noting that "foreign companies that have applied for building residential complexes in the whole of Iraq will certainly have a positive impact on the reality of housing and the reality of inflation by the size of residential units be drawn on the ground. "
The Council of the National Housing announced, in (the eighth of July 2013), to form a committee to push the laws and legislation to promote the reality of housing and put new controls on changing sex land from agricultural to residential, as identified need for the country to two million and five hundred thousand housing units until 2015, said his quest To enter the housing fund as an investor in the construction of housing units while the draw to put "the necessary plans" to make housing survey early next year to determine the actual need for housing in the country and provide solutions.
It is noteworthy that Iraq is suffering a severe housing crisis due to the increasing population, as measured by the number of residential complexes, in addition to the inability of citizens with limited income for the construction of residential units of its own, because of the high cost of land and construction materials.
The IMF (International Monetary Fund; IMF), has reported in its annual report on Iraq in 2013, which he published in (24 July 2013), and seen by (the long-Presse), that Iraq is facing the challenges of fiscal policy great after 30 years sanctions and wars caused by the presence of very large needs of the country at the social level and the development of infrastructure, and saw that Iraq needs to convert its oil wealth into assets based upon the processes of reconstruction and development continuously.
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