Transcript Inclusive Economic Growth PWG-2

Baghdad 4 Dec. 2011
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Related to MDG
◦ MDG 1: Eradicate extreme poverty
◦ MDG 8: Develop a global partnership for development
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National Vision:
◦ Increase annual GDP by 9.38%
◦ Economic diversification and increased productivity in all
economic sector
◦ Sustainable jobs and income generation especially among youth
and women
◦ Reduce level of poverty by 30%
◦ Enhance role of Private sector in national development process
◦ Increase contribution of agriculture in GDP
Outcome 2.1 : People in Iraq have improved access to job and
income opportunities in a diversified and competitive market
economy.
Outcome 2.2 : Vulnerable Iraqis are benefiting from meanstested social transfers which stimulate economic growth and
reduce dependency (Sub-PWG Social Transfer)
Outcome 2.3 : Government of Iraq has institutionalized a
universal social security system covering unemployment,
health, old age, disability and other social risks
PWG
Inclusive Economic Growth
Sub-PWG
Social Transfer
Co-Chaired by:
 Government: Ministry of Industry and Minerals ,
Ministry of Planning (MoP)
 UN: UNIDO, ILO
Co-Chaired by:
 Government: Ministry of Finance
(MoF), Ministry of Trade.
Membership:
Membership:
 Government: Ministry of Finance,
Ministry of Trade, Prime Minster
Advisory Commission, Ministry of Labor
& Social Affairs, Ministry of Planning,
Central Bureau of Statistics, KRG Board
of Investment, KRG Ministry of Trade
and Industry.
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Government: Ministry of Industry and Minerals ,
Ministry of Planning, Ministry of Agriculture,
National Investment Commission, Ministry of
Trade , Ministry of Finance, Ministry of Labor and
Social Affairs, Iraqi Federation of Chamber and
Commerce, Iraqi Federation of Industries, KRG
Ministry of Planning, KRG Ministry of Labor and
Social Affairs.
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UN: UNIDO, ILO, UNDP, UNESCO, UNICEF, FAO, IOM,
WHO, UNHABITAT, IAU,WFP, UN-Women, UNCTAD.
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NGOs: Iraqi Dar Al-Salam Center, Women for Peace
Meetings: Monthly
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UN : WFP
UN: WFP, UNDP,UNICEF, IAU
Meetings: Every 2 months
Outcome 2.1 : People in Iraq have improved access to job and income
opportunities in a diversified and competitive market economy.
Policy, legal and
Governance
Private Sector development
SOE restructuring
Industrial Zone development
Investment policy/mapping
SME development
Land management reform
Social security system and
dialogue
Local economic governance
Development of
economic
institutions
Vocational Training
Centers
Enterprise Development
Centers/Business
Information Centers
Direct support
measures
Pilot rehabilitation of 3 pilot
SOEs
Creation and expansion of M&
SMEs
Investment promotion
agencies
Laboratory for testing
industrial product
Economic development
Committees (Governorate
level)
Skills development of Iraqi
beneficiaries (technical and
managerial)
Financial support to
beneficiaries (in kind support
grants, microfinance loans)
Capacity Development GoI Institutions
Inclusive Economic Growth Priority Area is 27.82% funded
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Funds Requested: $416.57 million
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Funds Available as of 30 September 2011:$115.90 million
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Remaining Balance to be mobilized:$300.67 million
UN Agency
Funds requested in (Millions of USD)
Funds Available in (Millions of USD)
As of 30 September, 2011
UNDP
34.20
21.50
UNESCO
13.68
1.96
UNICEF
5.00
1.10
UN WOMEN
0.50
0.31
ILO
25.80
4.65
IOM
100.00
25.00
UNHABITAT
9.20
0.80
UNIDO
40.00
25.00
WFP
94.77
3.20
WHO
4.62
1.75
UNCTAD
0.50
0.00
UNESCWA
2.50
0.00
FAO
85.80
30.63
TOTAL
416.57
115.90
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Development and approval of SOE restructuring Road Map
Investment mapping
SME policy and institutional framework
Preparation of draft laws including economic reform law, PPP
general framework law, land management reform
Two economic development strategies and plans completed
in the first stage
Produced analytical briefs in Budget analysis, Oil and gas
sector, Electricity sector and economic analysis
The first draft of the NHA report has been prepared
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Business development Centers were established and
functional in 6 governorates to provide SME services
Capacity development to INIC and MoA to enhance their
capacities to support investment promotion
Economic Development Units established in three Iraqi
governorates
Specialized Institute for Engineering Industries (SIEI)
laboratories rehabilitated and managerial and technical staff
trained
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Private Sector development, Investment and Industrial
Strategy for Iraq (PSDPI)
National SME support institution
Religious and eco-tourism strategy for Iraq
Land policy Road Map
Establish or rehabilitate Vocational training centers in Iraq and
design training schemes/packages based on sectorial needs
Launch e-learning small and medium enterprise development
services
UN
 Security situation hindering staff mobility and engagement with
partner institutions
 On-going security challenges limit access to counterparts and
information, and increase cost of programme delivery
 Coordination between PWG and WB and USAID initiatives.
GoI
 Necessity of closer government engagement in work of PWG
 Better communication between different Governmental
institutions.
Donor
 Fund mobilization for PWG activities
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Support the GoI Institutions in the
implementation of PSDPI defined
policy framework to ensure
sustainability and further economic
diversification in Iraq:
◦ Implementation of SOEs Road-Map
◦ Pilot SOEs social mitigation
programme
◦ Implementation of PSD Strategy
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Stimulating job-rich growth and
higher productivity of SMEs in
strategic industries in Iraq
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Integrated action of multiple
agencies, each focusing on its
own comparative advantage
and core area of expertise
Application of a sectortargeted approach (through
the income and employment
multiplier) for balanced income
and employment generation
within local economies