Planning supports the expectations of the World Bank during the high growth rate in
Planning supports the expectations of the World Bank during the high growth rate in 2016 and likely to exceed the 3%
Supported the Ministry of Planning, on Wednesday, the expectations of the World Bank about the possibility of higher growth rates in Iraq during the current year, while showed that it was based on an Iraqi contact information Basically, it suggested that the rate of growth exceeding 3 percent, and attributed this to the focus of the government program and a package of reforms to pay attention to the development of non-oil sectors to increase the gross domestic product and out of the rentier economy.
A spokesman for the ministry, Abdul Zahra al-Hindawi, said in an interview to the (long-Presse), "The World Bank forecasts on high growth rates in Iraq to about 3.1 (three and one-tenth) percent during the current 2016, incorrect and very different from the ministry's expectations" He pointed out that those "taken primarily from the concerned Iraqi parties expectations".
Hindawi said that "the level of growth could be more than that percentage," noting that "Iraq is not a poor country because it possesses the economic fundamentals of the trend towards the right path."
He explained a spokesman for the Ministry of Planning, said: "Iraq is today a liquidity crisis, not an economic crisis," returned that could "get over this crisis and take advantage of them to arrange the future status of the country, to take a number of measures to ensure direct processors in various sectors, according to the Government's vision."
Hindawi said that "the Ministry of Planning expects that the government program and a package of reforms launched by the Prime Minister, Haider al-Abadi lead to progress in the growth in the context of 2013 - 2017 five-year plan, through attention to sectors of development of non-oil to be a gross domestic product larger than it is now especially in agriculture, tourism and industry sectors, as well as the activation of special procedures Emark and taxes to help increase the level of growth. "
He said a spokesman for the Ministry of Planning, that "growth rates under the 2013 - 2017 it is hoped that up to eight or even nine percent, which already has been reached 3.8 percent in 2013 five-year plan, but declined due to falling oil prices and the war against Daash" It returned so that "led to re-examine those expectations by about reduces dependence on oil and out of the rentier economy."
Hindawi was to be "the level of growth would rise by 3.1 percent, it will create more employment and reduce the high unemployment in the country opportunities," pointing out that "poverty levels remain high for 2014, but it could be improved is the other Although there is the possibility of the assertion that, only after a new survey, which will begin in the first half of this year to see the reality of living and unemployment and check it carefully. "
The World Bank predicted in (the 18th of January 2016), the growth rate of the Iraqi economy be during the current 2016, about 3.1 percent after it reached 0.5 in 2015, the past, and attributed this to the recovery of the oil sector and non-oil, and the presumption of diminished effects of appearance ( Daash).