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Iraq “Needs $20bn to Upgrade Agriculture”

By John Lee.

Iraq’s Parliamentary Agriculture Committee says that Iraq needs investment of more than $20 billion to upgrade the agricultural sector.

Committee member Kadhim al-Bahadili told AIN:

The deliberate negligence by the former regime to the agricultural sector caused significant desertification and obliged 80 percent of the farmers to abandon their lands and move to cities, so it is very difficult for the current government to improve the agricultural sector in the short term.

“The available financial allocations for agriculture are not enough; we need more than $20 billion to rehabilitate the sector and do the reclamation.

original source: http://www.iraq-businessnews.com/2013/01/09/iraq-needs-20bn-to-upgrade-agriculture/

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