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Planning Announces the latest statistics on the poverty rate in the country


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Planning: Launch of the Social Fund for Development with an initial capital of 300 million dollars

Planning: Launch of the Social Fund for Development with an initial capital of 300 million dollars

30/01/2019 06:16 PM | Number of readings:

Planning: Launch of the Social Fund for Development with an initial capital of 300 million dollars

  

 


Planning: Launch of the Social Fund for Development with an initial capital of 300 million dollars
  He announced the Minister of Planning Dr. Nuri Sabah al - Dulaimi on Wednesday, the launch of the Social Fund for the development of business, with an initial capital of $ 300 million, in partnership with civil society organizations, with the support of the World Bank, to support the ministry 's strategic plans for poverty alleviation. Dr. Nouri al-Dulaimi said during the press conference held at the ministry's headquarters that the fund will start its work based on the results of the rural development survey in three governorates as the first stage, Muthana as the poorest and Salahuddin as the most affected and poor in the rural areas. Which received large numbers of displaced persons. The Minister of Planning said four provinces will be included    In the second year of the work of the Fund, provided that all governorates are covered in the third year, noting that the Social Fund for Development will support the direct services of citizens, primarily education, health, job creation and youth capacity building. Pointing out that the ministry was able to obtain the World Bank's support without any benefits, calling on all international donors to increase support for government strategic plans, to provide the best services to citizens, and improve their standard of living, stressing the selection of executive elements with experience and experience, and follow-up performance and results directly . Dr. Nuri al-Dulaimi pointed to the importance of the optimal guidance for this support, and not to diverge as it was in the past. This dispersion has returned to one of the factors affecting the increase of poverty and unemployment in Iraq, stressing that this is what prompted the ministry to search for effective solutions, The idea of establishing the Social Fund for Development.
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2 hours ago, 10 YEARS LATER said:

Looks like the money they spent on all the gosh damn flowers alone could f*^king launch that “ Fund “

I like your thinking 10 ! After a 12hr grueling day you made me smile ! Ain't that the damn truth..... there's one thing I like about being 61 years old is that we call it like it really is. If the rest of use my contractor around here live long enough...they won't see things the same way! 

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This is all well and good.  I truly do hope that this money is used as it is intended for.  But we have seen this movie and the multiple sequels way to many times.  $300 million loan with $299,999,999 pilfered by numerous politicians which means $1 goes to the actual purpose.  Again I do truly hope that all $300 million goes to what is supposed to go for.

 

Side note.  If they would RV would there actually be this many people still living in poverty??  Yes that is a rhetorical question.  We need look no farther than our own back yard here in the US.

 

SR

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Minister of Planning announces the launching of the Social Fund for Development

 
Baghdad / Al-Sabah
 
The Minister of Planning, Nouri Sabah al-Dulaimi, announced on Wednesday the launching of the Social Fund for Development with an initial capital of 300 million dollars in partnership with civil society organizations and with the support of the World Bank to support the ministry's strategic plans to alleviate poverty.
According to a ministry statement received by al-Sabah, al-Dulaimi said during the press conference held at the ministry's headquarters that the fund will start its work based on the results of the rural development survey in three governorates as a first stage, Muthana as the poorest and Salah al- And poor in rural areas, and Dahuk as one of the provinces that received large numbers of displaced persons.
The Minister of Planning added that "four governorates will be included in the second year of the work of the Fund, provided that all governorates are covered in the third year, noting that the Social Fund for Development will support the direct services of citizens, foremost of which is education, health, job creation, "He said.
He pointed out that "the ministry was able to obtain the support of the World Bank without any benefits," calling on "all international donors to increase support for government strategic plans, to provide the best services to citizens and improve their standard of living, stressing the selection of executive elements with experience and experience, and follow-up performance and results directly".
Al-Dulaimi pointed to "the importance of the optimal guidance for this support, and non-dispersion as happened in the past, and dispersion one of the factors affecting the increase of poverty and unemployment in Iraq," stressing that "This is what prompted the ministry to search for effective solutions to benefit from similar global experiences, The idea of establishing the Social Fund for Development ".
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BAGHDAD / 

Minister of Planning Nouri Sabah al-Dulaimi on Thursday directed the ministry departments concerned with the completion of poverty reduction strategy projects and coordination with the local government in Diyala province. 

"The Minister of Planning received at the Diwan of the Ministry, the Chairman of the Diyala Provincial Council, Ali Daini, and the deputy for the province, Nahida Daini," the ministry said in a statement.

He added that "the meeting, which was attended by the Director General of the Executive Directorate of Poverty Reduction Strategy and the Director General of the Department of Government Investment in the Ministry of Planning, to discuss the reality of service projects in the province and ways to achieve, especially with advanced completion rates. 


"The Ministry's first priority is to empower the poor and provide them with basic services in the areas of housing, education, health, ensuring sustainable income and improving the social protection network," Dulaimi said. "The ministry is working to provide suitable housing by moving towards building low housing units. Cost and there are international companies have shown readiness to implement such housing units. " 

Dulaimi called on the local government in Diyala province to "take advantage of this aspect to solve the problem of housing in the province as well as address the problem of providing housing for displaced returnees whose homes have been damaged."
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Iraq's Planning Min. starts national strategy to alleviate poverty

poverty

Iraq's Minister of Planning Nouri al-Dulaimi directed launching the mission of the executive management of a national strategy to alleviate poverty in Diyala province, a statement by the ministry said.

During his meeting with the head of the Diyala Provincial Council Ali al-Daini, and Diyala MP Nahida al-Daini on Thursday, Dulaimi affirmed the importance of unifying efforts to ensure improving effective services to citizens during the current year.

"Among the ministry's priorities is to empower the [low] and middle-class [citizens], provide them with basic services, improve their standard of living, and ensure the sustainability of their income," Dulaimi said, pointing to the importance of providing low-cost housing units, the statement read.

 

 

https://www.thebaghdadpost.com/en/Story/35802/Iraq-s-Planning-Min-starts-national-strategy-to-alleviate-poverty

 

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On 1/30/2019 at 8:38 PM, SupraRacer said:

This is all well and good.  I truly do hope that this money is used as it is intended for.  But we have seen this movie and the multiple sequels way to many times.  $300 million loan with $299,999,999 pilfered by numerous politicians which means $1 goes to the actual purpose.  Again I do truly hope that all $300 million goes to what is supposed to go for.

 

Side note.  If they would RV would there actually be this many people still living in poverty??  Yes that is a rhetorical question.  We need look no farther than our own back yard here in the US.

 

SR

Rush Limbaugh is fond of saying (paraphrasing)  more money equates to more expensive essential items and more expensive toys which leads to the same old problems everyone has - no money and lots of bills to pay.

Edited by Theseus
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using the usd as the main currency in country just hurts the people. the USD is controlled by the US central bank not the iraqi central bank; therefore they technically don't have a monetary policy.

 

as an importer of almost all their good. keeping the value of the IQD low just Hurts the people. The Government gets payed in USD from the sales of oil.

 

they keep running on status quo, eventually they will have to change or be forced to. would just love to see something with it. the isx drops every email i get. 

 

 

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They have a real currency ..an RV will not change there life one bit unless they leave the country with it! What they need is jobs!

 

Among the ministry's priorities is to empower the [low] and middle-class [citizens], provide them with basic services, improve their standard of living, and ensure the sustainability of their income," Dulaimi said, pointing to the importance of providing low-cost housing units, the statement read.

Edited by danielchu
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kindly disagree, purchasing power of currency does make a difference for the citizens. I'm in canada. any tech i need from the states costs me 30% more due to the minimized purchasing power of our currency. however we have an international currency that is recognized. iraq does not.

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14 hours ago, aitshioud said:

kindly disagree, purchasing power of currency does make a difference for the citizens. I'm in canada. any tech i need from the states costs me 30% more due to the minimized purchasing power of our currency. however we have an international currency that is recognized. iraq does not.

 

PPP: The Alternative to Market Exchange Rates. Using PPPs is the alternative to using market exchange rates. The actual purchasing power of any currency is the quantity of that currency needed to buy a specified unit of a good or a basket of common goods and services

https://www.investopedia.com/updates/purchasing-power-parity-ppp/

 

Macroeconomic analysis relies on several different metrics to compare economic productivity and standards of living between countries and across time. One popular metric is purchasing power parity (PPP).

 

Purchasing power parity (PPP) is an economic theory that compares different countries' currencies through a "basket of goods" approach. According to this concept, two currencies are in equilibrium or at par when a basket of goods (taking into account the exchange rate) is priced the same in both countries. Closely related to PPP is the law of one price (LOP), which is an economic theory that predicts that after accounting for differences in interest rates and exchange rates, the cost of something in country X should be the same as that in country Y in real terms.

 

 

Edited by danielchu
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Your PPP is lower to ours because of this>>> 

BREAKING DOWN Reserve Currency

Holding a reserve currency minimizes exchange rate risk, as the purchasing nation will not have to exchange its currency for the current reserve currency in order to make the purchase. Since 1944, the U.S. dollar has been the primary reserve currency used by other countries. As a result, foreign nations closely monitored the monetary policy of the United States in order to ensure that the value of their reserves is not adversely affected by inflation.

https://www.investopedia.com/terms/r/reservecurrency.asp

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The Gross Domestic Product per capita in Iraq was last recorded at 15663.99 US dollars in 2017, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Iraq, when adjusted by Purchasing Power Parity is equivalent to 88 percent of the world's average. GDP per capita PPP in Iraq averaged 11018.16 USD from 1990 until 2017, reaching an all time high of 16242.10 USD in 2016 and a record low of 4033 USD in 1991.

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  • 3 weeks later...

Minister of Labor: Launching the inclusion of eligible families and granting loans next March

 
 Salah Eddin Samir Adel
 
A delegation headed by the Minister of Labor and Social Affairs visited the governorate of Salah al-Din in order to review the reality of the governorate and the mechanisms of inclusion in the salaries of care and the situation of people with disabilities and the release of soft loans to the unemployed. 
The Minister of Labor and Social Affairs in the name of al-Rubaie said: "The meeting with the officials of the ministry's departments in Salah al-Din included discussing the mechanism of the inclusion of families with salaries of social protection and providing soft loans for the unemployed, in addition to discussing the project of cash in exchange for work aimed at improving the status of poor families and unemployed youth. 
He pointed out that the families of the province of Salah al-Din suffered from difficult circumstances, including the period of gangs "Da'ash" terrorist and the subsequent suffering of displacement, pointing to a series of meetings with the deputies of the province and its members and a group of activists and reached resolutions on the social protection of these families and salaries of people with disabilities Labor and unemployment.
Al-Rubaie expressed the agreement to launch a number of decisions and set a time limit within two months for implementation and the formation of a follow-up committee by the Deputy Minister. The meeting also discussed the development of several axes, including social protection, where there are 14 thousand and 428 families have not been considered since 2016 During the first of next March this process, revealing the allocation of 35 billion dinars for this purpose and there is another amount of funds close to him dedicated to it, as for the axis of disabled people have been opened branches and committees in some districts to provide the full-time because of the long distances hinder their parents from Access to the Social Welfare Department Yeh in order to facilitate the process of
Registration.
In terms of loans, the Minister of Labor announced the near launch of 463 loans in the amount of 8 million dinars to be a total of three billion and 700 thousand dinars will be launched within two months, stressing the importance of addressing many of the problems that accompany the granting of these loans, including interest, The Governor said that there are benefits on these loans, but on the contrary administrative services, and each person receives the loan enters the rehabilitation courses. 
The minister added that there is another project of cash for work at 11 million dollars for the province will start work during the next month and there are available funds will be pumped to the province by the ministry will revive the social reality of families and support the economic movement.
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  • yota691 changed the title to The launch of the first installment of social benefits salaries for 2019
634263634634634636346346346346346346.jpg 

The Minister of Labor, Chairman of the Social Protection Organization named Abdul-Zaman launched the first installment of 2019 of the social welfare benefits today to more than one million and two hundred thousand families in Baghdad and the provinces except Kurdistan, including (91832) new inclusivity family within the two meals (third and fourth) More than (335) billion dinars.

In a statement, Abdul-Zaman called on the beneficiary families to review the payment centers to receive their salaries.

The total number of families appointed by a man reached (786302), while the total number of families appointed by a woman (440944). The first batch witnessed the release of (91832) families in my grandmother New Inclusion (3rd and 4th).

For her part, the Director General of the Social Protection Fund Jacqueline Salia said that the total amount of the first installment of 2019 of the social welfare benefits amounted to (335518459) billion dinars (234330257) billion dinars for the category of dependent families of men, the total amount of families explained by a woman reached (101188202) Billion dinars.

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  • yota691 changed the title to Planning Announces the latest statistics on the poverty rate in the country

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