Expected Growth Rate of 10% and Create New Jobs in the State
|November 26, 2013||Filled under Iraq Daily News|
Expect the Deputy Prime Minister for Energy Hussain al-Shahristani said Iraq is investigating a growth rate of 10 percent within the next five years.
Occur Shahristani in a speech at the scientific conference Fourth statisticians Arabs held in Baghdad and said That the growth rate Reached During the past five years, 9% is expected to rise to 10 percent in the next five years.
Shahristani said Iraq was launched That During the last period five-year plan for the development to two thousand and thirteen years in 2017 and covered all aspects of the Humanitarian, Economic , developmental, social and cultural.
Shahristani also said the per capita That GDP rose is the other for up to 6000 dollars a year after it was a thousand dollars. saw his part, Spokesman for the Ministry of Planning Abdul-Zahra al-Hindawi , the growth rate may exceed 10 percent, and Perhaps up to 13 percent in two thousand and seventeen.
But how the information is collected for color: such proportion? Re-Hindawi that saying the outlook depends on the expectation of rising oil production to 6 million barrels of oil a day, which means higher oil Revenues, which will Enhance the growth in Iraq, he said. Hindawi acknowledged that Iraq’s economy is still dependent on one source, namely oil, but Emphasized That the plan Five seeking to Develop other Sectors color: such as agriculture, trade and tourism as well as Contribute to the development of the Iraqi private sector in this area.
However, the professor of economics at the University of Mustansiriya, Abdul Rahman al-Mashhadani told Radio Free Iraq that all achievements of economic growth caused by oil and high prices predicted only develop other sectors and Oil remains a source of wealth, the basic rate of 94 percent with no more than other sources only 6% as he said that the Iraqi citizens do not benefit directly from growth and oil revenues, and considered that the inability of the government to allocate 28 billion dollars for infrastructure despite high oil revenues received by an indicator for failing to Achieve the development and improvement of the conditions of the citizen.
Economic expert also Warned of the Possibility of a shake global at the level of oil prices and production Could lead to a reduction of Iraq’s imports in half or quarter and the noted That the Government has not Established fund capital reserves to cope with color: such crises, the global potential.
Thousands of new jobs in the budget for the year 2014 in the meantime, was quoted Finance Minister Ali Shukri as saying that the budget 2,014 will see the introduction of 95 000 degrees new career in state institutions, Including more than 34 000 degrees and careers for the owners of contracts and about 54 degrees for 000 new employees.
Observers believe That Iraq did not Succeed in reviving the economy in a way That the diversity of the sources of wealth and create an economy Thus shared by everyone, and so deliberately Government to the distribution of wealth by Creating a new degree of functional without there being a real need her.
Spokesman for the Ministry of Planning Abdul-Zahra al-Hindawi said to Radio Free Iraq that grades the new will develop already acknowledged that the state institutions flaccid and filled with staff and their duties are not well known is that he said that this the method and means to solve the problem of unemployment, although it is not the best.
However, an Economic expert Soraya Khazraji Criticized Speaking to Radio Free Iraq, the case of slack in the institutions of the state and Called for Diversifying the sources of wealth and the development of other Sectors Because these methods are solved the problem of unemployment
Benefit the country, according to her then alerted to the existence of a defect in next year’s budget is similar imbalance in the current year’s budget and is the magnitude of operational PROFILE compared to assignments investment and called for the development of other sectors such as agriculture, trade and services.
Khazraji alerted That also said the creation of new grades and career in state institutions will inevitably be subject to Quotas, Especially since Salaries outweigh the efficiencies of new employees saying it is a waste of public money in the end it also the noted That there are also differences in the allocation of the various ministries and though it also depends on the quota system and these things do not Solve the problems of the country in terms of unemployment and others, she said.
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