Page 13 - of Khadrun’, and that Mark said about the lineage of Jesus son of ‎Mary that he was 'The word of God which He placed in the human ‎body, so it became human’, and that Luke said, 'Jesus son of Mary ‎and his mother were humans of flesh and blood, so the Ho
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Investor Guide to Iraq 2021

                                Required investment in both public and private sector to achieve the target growth rate of 7% with a total amount of (220.6)
                                trillion dinars equivalent to (186.7) billion dollars throughout the years of the plan (2022 - 2018) of the amount of 132 trillion
                                dinars is expected to be provided by the state budget as governmental investment and the rest up to 88.6 trillion dinars reflects the
                                private sector investments in all forms and as shown below:


                                                                                         Table (7)

                                                                  Estimated revenues and investments for       Trillion ID
                                                                  2018-2022 plan
                                                                  Total envisaged revenues                     440.0
                                                                  Total required investments                   220.6
                                                                  Estimated investment in the state budget     132.0
                                                                  Envisaged investment in the private sector   88.6

                                - Governmental investment
                                The expected governmental investment during the years of the plan is about 132 trillion dinars, equivalent to 111.7 billion dollars
                                and constitutes about 60% of the total required investment of 220.6 trillion dinars, as shown in the table above.

                                - Non-governmental investment (private)
                                The plan envisages that the private sector will contribute 88.6 trillion dinars, equivalent to 75 billion dollars during the years of
                                the plan 2022 - 2018. It reflects the private sector investments in Iraq in all its directions and activities, which constitutes 40% of
                                the total investments required to achieve the target growth rate in the plan.

                                - Sectoral distribution of required investments
                                In order to achieve the sectoral targeted growth rates, we list below the estimated investments required annually for each sector of
                                the economy, where it is clear that the oil sector continues to get a high proportion of investments, around 38.4%, a total of about
                                84.7 trillion dinars for the period 2022 – 2018. This comes in line with the need of this sector for large investments as a capital
                                intensive  sector  that  needs  advanced  technology  as  well  as  to  meet  the  obligations  of  the  international  oil  companies.  The
                                infrastructure  sectors  (electricity,  water,  construction,  transport  and  communications)  together  account  for  about  half  the
                                estimated investment up to 49.5% as the need for electricity and water sector was estimated to around 20.2 trillion dinars for the
                                www.investpromo.gov.iq                                                                                                     11
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