National development strategy requires $187b

BAGHDAD / IraqiNews.com: Iraq’s national development strategy requires more than $187 billion over the coming three years, an advisor for the Iraq National Investment Commission said on Thursday. He proposed an increase in the oil production as one of the solutions. “The amount covers the period from 2007 to 2010, considering all the present obstacles that face investments,” Abdullah al-Bandar told IraqiNews.com news agency. He called for amending the investment law 13/2006 and to prepare a national strategic study for investments in Iraq. MH (P)/AmR (P) 1