Abstract

This research aims to identify the economic and national feasibility of some agricultural activities benefiting from the agricultural initiative's lending funds, as well as to show the impact of the agricultural initiative on these projects in terms of raising social profitability, in the light of the results of the national evaluation criteria addressed in the research. All the studied projects have achieved a net added value at the level of the national economy. The dairy cattle breeding project recorded the lowest net added value of about 914 million dinars (about 745 thousand dollars), and poultry projects achieved the highest added value of about 5 billion ID for the projects of table eggs production 4.9 billion ID for broiler projects, while the relative change in the standard showed that and the broiler production project is one of the most benefited from loan subsidies as the rate of change reached about 25%, while the project of broiler production and poultry hatchery and the project of raising milk cow have negative social return .The initiative's subsidies have increased the social rate of return for these projects to around 24%, 20.5%, and 20%. Agricultural loans from the agricultural initiative raise the national profitability of agricultural projects, which would contribute to the process of agricultural development in Iraq.

Highlights

  • Investment projects play an important role in achieving better and more comprehensive development, as the best way to exploit the human, natural and financial capabilities, and is the ideal solution for many economic problems and crises directed by individuals and institutions, investment provides production and achieve self-sufficiency, and create new jobs and lead to raise the standard of living It creates political stability [13], Any investment decision must be subject to scrutiny under which the limits of the balance between its costs and burdens should be clarified on the one hand against the benefits it can achieve on the other, in order to be economically sound

  • The importance of this research comes from the importance of highlighting the national profitability of agricultural projects of the agricultural initiative in Iraq to show the importance of social evaluation of agricultural projects, and the aim of the research is to show the impact of loans funds of the agricultural initiative on the ability of agricultural projects in achieving national or social profitability by calculating some criteria national assessment, to detect the social or national impact of these agricultural projects at the national level [8]

  • This study aims to make an economic evaluation of some investment projects financed by lending funds, and to show the role of the agricultural initiative in achieving national profitability of agricultural projects, using some social evaluation criteria

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Summary

INTRODUCTION

Investment projects play an important role in achieving better and more comprehensive development, as the best way to exploit the human, natural and financial capabilities, and is the ideal solution for many economic problems and crises directed by individuals and institutions, investment provides production and achieve self-sufficiency, and create new jobs and lead to raise the standard of living It creates political stability [13], Any investment decision must be subject to scrutiny under which the limits of the balance between its costs and burdens should be clarified on the one hand against the benefits it can achieve on the other, in order to be economically sound. Social return standard: This standard relates the present value of the national net value added (PNNAV), the current division of wages (WPV) and the present value of the investment costs of the project and is calculated by equation [16]: PNNAV − WPV. The higher this ratio, the higher the relative efficiency of the cost of the unit of labor, and add value to the national economy and the project becomes better, and we note here that the monetary cost of the labor component was adopted instead of the number of employment and the reason for this is that there is a variation in the experiences and skills of workers

RESULTS AND DISCUSSION
Breeding of milk cows
Farm greenhouses
Production of broiler chickens Production of chicken eggs Farm greenhouses
RE without RE with loan RE without RE with loan Relative
College of Economic and Commercial
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