During a ceremony held today, Saturday, by the Ministry of Planning in collaboration with Iraq’s development partners, Prime Minister Mohammed Shia Al-Sudani launched the five-year national development plan (2024-2028).
“The five-year development plan was approved by the Council of Ministers, in recognition by the government of the importance of the country having a development plan with achievable paths and goals, stressing the importance of adhering to the plan’s goals,” Al-Sudani explained in a speech he delivered during the ceremony, according to a statement from the Prime Minister’s media office. because it is the best way to improve the lives of Iraqis.”
“Iraq has witnessed a developmental separation since the eighties of the last century due to wars, sieges, and confrontation with terrorism, which caused gaps in all sectors, stressing the work to restore the wheel of development and bridge those gaps, and that the new plan is in line with the government’s goals and confronting internal or external challenges, explaining that the plan has provided space to achieve good governance, appropriate mechanisms to combat corruption, and adopt the principles of transparency,” he said. “The plan has provided space to
“The plan took into account the priorities of improving services in all areas, by accelerating the implementation of projects under construction, and moving toward new development and service projects, pointing to the start of a series of strategic projects to develop the oil and gas sector, stop waste in it, and rely on our capabilities and projects to secure oil derivatives instead of importing,” the statement said. “The plan took into account the priorities of improving services in all areas, by accelerating the implementation of projects under construction.”
“Projects that are consistent with the 2030 Sustainable Development Vision, including infrastructure projects, clean energy, the development road, the Faw port, the road and bridge network, residential and industrial cities, modern agriculture, and others,” he said. “Emphasizing the role of the Kurdistan Region of Iraq and local governments in the governorates in achieving integration with the government program plans and working in a unified manner for the public interest of the state” were also among the trends he mentioned.
He made sense of that “the five-year advancement plan incorporates ways with financial aspects in view of the way of thinking of monetary expansion, bringing up that the Iraq Improvement Asset means to establish a coordinated venture climate in the country.”
He emphasized the importance of “working to reform the banking and financial sector, automate all economic and service activities, and govern government and service work,” as well as “granting the private sector sovereign guarantees to establish industrial and agricultural projects, which will provide it with a wide space that is commensurate with its developmental role.”
