Planning: 99% of form oil exports by 2015 and support agriculture safe 7% of GDP

2016/05/25 15:32


The planning Ministry said on Wednesday that 99% of form oil Iraq exports over the past year 2015, with noted that fallout from lower oil prices and war against "terrorism", the Government was forced to seek new sources of income and support local production, the agricultural sector contributes 7% of GDP is currently supported by the Government.

And the planning Ministry spokesman Abdul Zahra Hindawi, told the (range), that "over the past year 2015 record oil, 99% of Iraqi exports, indicating that" global oil prices forced the Government to find new sources of income with the revitalization of agricultural and industrial production sectors in particular.

Hindawi said that "agricultural initiative launched during the 2010 contributed somewhat to revitalize the agricultural sector," he said, adding that "the Ministry of agriculture has taken a package of measures to protect domestic production by preventing import many crops that can be sustaining."

Hindawi said that "the agricultural sector constitutes 7 percent of GDP," calling "provide requirements for local production and support to be able to compete with foreign counterpart, according to the national economy and serve citizens controls that together."

In another context, Hindawi said that "features the new five-year plan has not materialized after being dependent on the vision of the Government," revealing "a few adjustments on the current five-year plan as a result of changes in the reality of the country and the implications of low world oil prices and the war against terrorism, and the large deficit in the budget."

Iraqi Agriculture Ministry, announced in fall (22 may 2016), to prevent the import of potato and tomato crops and uplifted, in addition to the melon crop to a local product sufficient to meet the daily requirement for the table.

It is said that the Government had taken several measures to support domestic production and diversify income sources, including loans to the industrial and agricultural sectors, prevent the import of many products that there are local alternatives, including cement, as well as to impose a tariff on imported goods and others.