06 Jul 2010
(MENAFN) The Iraqi government has launched its 2010-14 five-year development plan that involves the implementation of more than 2,700 projects at a total cost of about $186 billion, Al Hayat daily reported.
According to government officials, the aim of the plan is to achieve an average annual economic growth of 9.38 percent, develop the infrastructure, reduce regional differences, provide 3.5 million jobs and diversify the economy of the oil-dependent country, the paper reported.
About $100 billion of the projects? costs will be financed by the state budget and the remainder will be funded through local and foreign investments, officials said.
24 May 2023
Empowering Success: BBK and BIBF honor 24 graduates of the BBK’s Women on Board Programme
16 Mar 2023
BBK partners with Four Seasons Private Residences Bahrain Bay to offer ownership financing for 112 waterfront homes.
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more