World Bank says poverty situation in Iraq has worsened

[SocalDinar]

THE TIME IS NOW IRAQ!  YOUR PEOPLE ARE STARVING!  PUSH THE BUTTON!

World Bank says poverty situation in Iraq has worsened

 Baxtiyar Goran |

3 hours ago

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A camp for displaced Iraqis in Dibaga, Erbil, Kurdistan Region. (Photo: VOA/H.Murdock)

 

Iraq World Bank Poverty 

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ERBIL (Kurdistan 24) – The World Bank has reported a decrease of the poverty situation in Iraq but said it expects an improvement in the country’s GDP growth in 2018.

In a statement released on Monday, the World Bank said Iraq’s growth outlook is expected to improve as the country brings in investors for the post-Islamic State (IS) reconstruction and provide a secure environment for them.

“Iraq’s growth outlook is expected to improve thanks to a more favorable security environment and the gradual pickup of investment for reconstruction,” it read.

The World Bank said that despite the extension of the OPEC agreement until the end of 2018, the overall GDP growth in Iraq was projected to return to a positive 2.5 percent in 2018, and further increase in 2019 upon the end of the deal.

The statement noted that the poverty rate was 22.5 percent in 2014 which was nearly a four percent increase compared to 2012.

“Recent labor market statistics suggest further deterioration of the poverty situation,” the statement read.

According to the World Bank, the unemployment rate is doubled in provinces most affected by the IS war and displacement (21.1 percent) in comparison to the rest of the governorates (11.2 percent).

The statement noted that unemployment increased, especially for individuals from the poorest households, youth, and those in the prime working age, between 25 to 49-years-old.

“Labor force participation rate of youth (ages 15-24) has dropped markedly since the onset of the crisis in 2014, from 32.5 percent to 27.4 percent,” the World Bank revealed.

 

http://www.kurdistan24.net/en/news/19630dfa-56f0-4907-a748-cae50cf0a1fd

[Gypsygirl11]

They are really poor and we are just plain poor....we all need them to push the button!

[ChuckFinley]

6 minutes ago, Gypsygirl11 said:

They are really poor and we are just plain poor....we all need them to push the button!

You said it Gypsgirl11  

[jeepguy]

Pass that h-c-l , and give the dinar values , even at .50 cents  , the really poor can be just poor...

[King Bean]

Don't tell the brain dead camel humpers in the GOI. They get fined 1m IQD when they don't show up to work, and they're STILL absent. They could care less about their citizens. Pathetic.

[ChuckFinley]

8 minutes ago, King Bean said:

Don't tell the brain dead camel humpers in the GOI. They get fined 1m IQD when they don't show up to work, and they're STILL absent. They could care less about their citizens. Pathetic.

That is so true. 

[Pitcher]

Kind of reminds me of another do nothing to help it’s citizens government.  As a matter of fact every time I read an article about how corrupt the GOI is, I think, yep, just like the good ole USA.

[10 YEARS LATER]

5 hours ago, King Bean said:

Don't tell the brain dead camel humpers in the GOI. They get fined 1m IQD when they don't show up to work, and they're STILL absent. They could care less about their citizens. Pathetic.

 

Too right KB . . . The Behavior of the GOI is Appalling, Disgraceful, Despicable AND CRIMINAL ! ! !

 

Articles like this appear to be the type of Shaming ones meant to bring about a Slap in the face and stinging their honor in hopes of getting the GOI to ACT. Trouble is you can't Shame or Denigrate an individuals Honor  - WHEN THEY POSSESS NEITHER !  

Edited April 20, 2018 by 10 YEARS LATER

[SocalDinar]

3 hours ago, Botzwana said:

But Socal....you do not believe in the RV remember?

LOL.   How you doing Botzwana. 

Edited April 20, 2018 by SocalDinar