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Planning: Iraq consumes goods and goods valued at 50 billion dollars annually

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Planning: Iraq consumes goods and goods valued at 50 billion dollars annually

   Time: 4/23/2020 19:52:52 Read: 1,638 times Categories: Economic Sliders


{Baghdad: Al Furat News}
The Ministry of Planning announced today, Thursday, that Iraq’s consumption of goods has reached $50 million annually.

The ministry’s spokesman, Abdul Zahra Al-Hindawi, said: “The National Food Security Project in Iraq was launched as part of a development plan, considering that annually there is a large monetary block descending on the Iraqi street, which is represented by salaries {600} trillion dinars, which is equivalent to more {55} billion dollars. annually".

He added, "Also, 32% of Iraqi families' spending goes to provide food, therefore this number is calculated from 60 trillion, which will reach 15 billion dollars. It can be invested at home instead of going abroad."

He explained, "This money will go towards supporting agriculture in Iraq and increasing its contribution." GDP in advanced proportions, based on the possibilities it possesses. "

Al-Hindawi added, "We have very good capabilities in Iraq, with 52 million dunums of arable land, and what is exploited of them is 10 million dunums. Iraq also has good water resources," revealing

"adding a million dunums to the agricultural plan in the desert of Najaf and Samawah, relying on well water.".

He explained that "the food security project aims to enforce the law, set borders and determine import to protect the local product," noting that "the idea is not born today and support to the agricultural sector exists within the development plan and the government program since the Minister of Agriculture took office in 2019."

And Al-Hindawi added, "We started to implement the plan and paid off, as the contribution of agriculture reached 7% after it was 2%.

Today, as a result of this plan and the ban, Iraq has not experienced any crisis in agricultural crops in the presence of 25 available local products that will cover the local need, and there are other steps perhaps.

in the coming months we will be exported to overseas barley crop by 850 thousand tons, in addition to other agricultural crops, eggplant, pomegranates, dates and other".
anthy

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