Planning reveals the latest rates of poverty and unemployment in Iraq

[yota691]

Planning is a five-year plan to reduce poverty

Wednesday 10 November 2021 239

 Baghdad: Omar Abdul Latif

 

The Ministry of Planning intends to prepare a five-year plan to reduce poverty in Iraq, while confirming that the conditions of complete closure, decline of work, low oil prices and the high exchange rate of the dollar have caused an increase in the poverty rate in the country.

Director General of Strategy in the Ministry, Dr. Sabah Jundi Mansour told Al-Sabah: "The department is preparing a five-year plan to reduce the poverty rate in Iraq," noting that "there are meetings with local and international experts in this regard to reduce the percentage according to the circumstances and available capabilities," stressing that "The plan will be flexible towards any emergency that occurs in the country."

He added, "The ministry basically has a plan approved for the years 2018-2022, but the conditions that Iraq went through, such as the (Corona) pandemic, the financial crisis and the high exchange rate of the dollar added new poor to those who were present," noting that "the ministry worked through the response document with focus." On sensitive and urgent issues and on vulnerable groups close to the poverty line. And he indicated that "the strategy works on a multi-dimensional treatment that not only reduces the rates of material poverty, but also addresses the educational, health and housing aspects, and we have projects that are funded and start incorporating new projects, different from what is in the budget for the development of the regions after the budget has returned to normal, and the concentration of funds On the regions and poverty hotspots in the governorates and the development gaps in them that are represented in the district or the poorest district in each of them, and studying the development gaps they have at the level of health centers, housing and water sector in cooperation with the governorates.

Regarding the liberated areas, Mansour explained that they "received funds from the development of the regions and the poverty plan in addition to their own budget, as well as projects (the reconstruction fund for liberated areas), which works continuously and achieves great results. Which witnessed a few return of the displaced and secured the appropriate conditions for the return of more of them.”

The Director General (Poverty Reduction Strategy) described stability in Iraq as confused and fluctuating, "which makes us recalculate when preparing five-year plans permanently," noting that "the current strategic plan was aimed at reducing the poverty rate to 

25% during the first two years of it, but the (Corona) crisis and the drop in oil prices halted all the projects included in the plan,” expressing his hope that “a new strategy will be prepared as a result of the improvement of financial conditions that will be flexible towards any emergency that may occur in the country.”

The pandemic crisis, according to the document (the response and recovery plan from the repercussions of Corona), pushed nearly 4.5 million Iraqis (11.7 percent) of the total population below the poverty line, and its rates increased from 20.05 percent in 2018 to 31.7%.

[ronscarpa]

The pandemic crisis, according to the document (the response and recovery plan from the repercussions of Corona), pushed nearly 4.5 million Iraqis (11.7 percent) of the total population below the poverty line, and its rates increased from 20.05 percent in 2018 to 31.7%.

 

A step in the right direction - The poverty rate will disappear if & when they finally increase the value of the IQD ...

[yota691]

Planning reveals the reality of poverty indicators in Iraq

Thursday 11 November 2021 19:54 | economic Number of readings: 632

Baghdad / NINA / - Today, Thursday, the Ministry of Planning denied that it had announced any new indicators of poverty during the current year 2021, while noting that the indicators it had prepared in cooperation with the World Bank were according to scenarios and expectations only.

And the ministry stated in a statement, that "what was circulated by the media, of indicators, described as dating back to the year 2021, are not correct, but are expectations made for the year 2020, during the exposure of Iraq and the world to the first waves of the Corona pandemic."

She added that "the indicators reached by the study, which was prepared by the ministry, in cooperation with the World Bank, were according to scenarios and expectations, related to the ban and closure procedures, the decline in financial resources, the rise in prices, during the past year, and the direct effects of the pandemic on the health and education sectors, and the economy and development in about a year." and the continuation of these procedures.

The ministry explained, "According to these scenarios, expectations indicated a rise in multidimensional poverty rates, which include poverty in services (health, education, housing, and income), from 20% DP in 2019 to more than 30% in 2020."

She indicated that "many of these scenarios and expectations were not achieved, but they were used in developing the treatments, which were included in the Corona recovery plan launched by the ministry during the current year, and included a set of procedures and policies in three main axes: economic, social and spatial."

The Ministry of Planning pointed out that "the poverty rate did not rise to the level expected by the study, and therefore the initial indicators available to the ministry, now, indicate that the poverty rate throughout the country does not generally exceed the indicator of that reading before the Corona pandemic."

The ministry confirmed that it is preparing to conduct the economic and social survey of families in cooperation with the World Bank and relevant international organizations, which will give a more accurate map of all kinds of poverty indicators, as well as the ongoing preparations for the implementation of the general population and housing census in Iraq during the next year 2022, which will represent the detailed figures for all indicators, and that it Count on government support to make it happen."/End of 8

[ronscarpa]

The Ministry of Planning pointed out that "the poverty rate did not rise to the level expected by the study, and therefore the initial indicators available to the ministry, now, indicate that the poverty rate throughout the country does not generally exceed the indicator of that reading before the Corona pandemic."

 

This is positive, but 20% of the population still lives at the poverty level. Thank God it's not at the 30% rate that was projected. 

[horsesoldier]

Too bad they still haven’t been able to recover those stolen bazillions from all those Whales yet. They’d all be rolling in clover...well, if they had clover growing there.

[yota691]

Planning reveals a decrease in the poverty rate during the first half of 2021

 economy / local

 

•  Yesterday, 18:57

 

Baghdad and Aa- Wissam Al Mulla
revealed that the Ministry of Planning, on Sunday, for the decline in the poverty rate in Iraq during the current year, as put forward three factors that would allow the continuation of the decline this year - end.
A spokesman for the Ministry of Planning, Abdul-Zahra Al-Hindawi, said in a statement to the Iraqi News Agency (INA), that "the poverty rate increased due to the Corona pandemic in Iraq during the year 2020 to 31.7%, and it included the health, housing, education and income sectors, which is what is known as multidimensional poverty."
He pointed out that "the initial indicators indicate a decrease in the poverty rate to less than 30%, with an average of approximately 29% during the first half of this year 2021, and we expect the percentage to drop to less than that by the end of this year."
He added, "The reason for these expectations is due to the significant improvement in oil prices, the resumption of work in many projects, the return of private sector activity, and the events that were suspended due to the Corona pandemic, and we are waiting for the results of the survey carried out by the ministry to find out the latest indicators of poverty and unemployment."
Earlier, the Ministry of Planning had set the paths of the poverty reduction plan in the country, while revealing the nature of the work of its social fund.
The Deputy Minister of Planning for Technical Affairs, Maher Hammad, told the Iraqi News Agency (INA), that "the Higher Committee for Poverty Reduction Policies continues its work after it was re-composed on June 8, and the poverty alleviation file was transferred to the Ministerial Council for Economy." 
He added, "Treating the file is not an easy topic and requires working on several things, especially determining the percentage of direct financial need, because poverty in the country is (multi-dimensional) and its image is the lack of health services, education, services or basic living necessities," noting that "the treatment is done by working on those tracks." to alleviate poverty. 
He pointed out that "the main poverty factor is financial poverty, which is linked to the inability to provide basic living necessities, and this is linked with the work of the social protection network and empowering the poor through job creation." 
He added, "The ministry is working to provide additional services in poor areas through what it calls the Social Fund," noting that "the fund roams in all villages and governorates to find out the most prominent needs of citizens, such as water, electricity, schools, and others." 
He pointed out that "the change in the exchange rate and the ban on health curfews helped to increase the poverty rate," noting that "the decrease in the poverty rate in Iraq is possible through launching investment projects that will create job opportunities for many citizens."
With regard to the poorest places, he indicated that "they are concentrated in slum areas and villages, and they need a major campaign to change the poverty rate in them and extricate them from their reality."

[yota691]

Expert: The Poverty Rate Has Reached A Dangerous Level And The Reason Is The Government's Economic Policy

Author: AhadNA3 On 11/17/2021 - 2:53 PM  21

Today, Wednesday, The Economic Expert, Dia Mohsen, Attributed The Increase In The Poverty Rate In Iraq To The Failure Of The Government’s Economic Policy, And That It Followed Unprofessional Measures, Noting That The Government, Despite The Rise In Oil Prices For More Than A Year, Is Insisting On Maintaining The Exchange Rate Of The Dollar. ?

Mohsen Said, "The Poverty Rate In Iraq Has Reached A Dangerous Level, And The Reason Is The Government's Economic Policy By Taking Failed Measures."

He Added, "The Main Reason For The Increase In The Poverty Rate Is The Government's Continuation And Its Insistence On Maintaining The Dollar Exchange Rate, Which Led To A Rise In The Prices Of Basic Commodities And Other Necessary Commodities Despite The Recovery Of Oil Selling Prices For More Than A Year."

Mohsen Called For "Allocating Large Sums Of Money To Activate The Industrial And Agricultural Economic Sectors, Provide Job Opportunities For The Unemployed, And Restore The Dollar Exchange Rate To The Previous Level."

He Pointed Out That "The Government's Argument Has Been Negated After Oil Prices Rose To Very High Levels And Provided The State Treasury Tens Of Billions." ?

[Theseus]

Politicians say:

 

Money for me, none for thee.

[yota691]

An economist to / Nina /: The poverty rate has jumped to 31.7 percent, after it was 23 percent three years ago

Friday 19 November 2021 10:44 | economic Number of readings: 433

Baghdad / NINA / - The expert on the economy, Malaz Al-Amin, warned of the continuing high rate of poverty in the country, stressing the establishment of governmental measures to limit this phenomenon.


Al-Amin said in a statement to the National Iraqi News Agency ( NINA ) that "the rise in the poverty rate in the country to 31.7 percent, after it was 23 percent three years ago, requires the government to take practical measures to reduce it, especially since Iraq is a country rich in resources with the increase in its financial revenues from oil exports after That the global markets witnessed a rise in the price of a barrel to above $70.


He pointed out: "The justifications given about the reasons for the high percentage of the poor, including those that are due to the Corona virus, were not completely true, indicating that the virus caused the global and local economy to decline, but the developed countries adopted measures that would help the poor classes and provide them with the means of living. As vaccinations against the virus continue.

He stressed that "the government has taken measures to combat poverty, but these measures, according to the report of the Ministry of Planning, were not sufficient, as the poverty rate rose from 23 percent to 31.7 percent, which means that nearly 10 million citizens, who make up a third of Iraq's population, are poor in their country, which floats on lakes of gold. Black."/End of 8

[yota691]

Law Leader: Iraq Entered The Biggest Poverty Crisis After 2003, And The Government Must Act

 

LAST UPDATE 11/19/2021 | 12:21 PM

Information / Baghdad..

The leader of the State of Law coalition, Raad Al-Mas, confirmed on Friday that Iraq entered the largest poverty crisis after 2003.

Al-Mas said in a statement to “Information” that “poverty rates in Iraq reached unprecedented levels during 2021 due to the repercussions of the decision to raise the dollar, which led to a fever in the prices of basic materials in all markets within the province.”

Al-Mas added, "Iraq has actually entered into the largest poverty crisis after 2003, especially as its percentage exceeded the 30% barrier."

He pointed out that "the Baghdad government has 3 important options to address the current poverty file, the most prominent of which is to reconsider the dollar exchange rate, support the ration card file, and strive to create job opportunities for the unemployed that secure sources of livelihood for them."

Iraq suffers from a significant rise in acute poverty rates in recent years, but it reached sharp levels after raising the exchange rate of the dollar and devaluing the Iraqi dinar.

[yota691]

A third strategy for poverty alleviation

Monday 29 November 2021 100

 

 Baghdad: Duaa Abdul Amir 

 

The Ministry of Planning intends to launch the third strategy to reduce poverty for the years (2023-2027), while confirming that this strategy will complement the previous years. 

The ministry launched the first strategy in 2010 to 2014, while the second continues for 2022. Through these strategies, the ministry aims to reduce poverty rates in the country to acceptable rates.

Ministry spokesman Abdul-Zahra Al-Hindawi told Al-Sabah that this strategy differs from the previous one because it will take into account the economic transformations after the Corona pandemic, noting that it “will be complementary to the ministry’s plans to target poor and fragile areas with programs and government support.”

[jg1]

22 minutes ago, yota691 said:

the second continues for 2022. Through these strategies, the ministry aims to reduce poverty rates in the country to acceptable rates.

Hmmmmm, whaat was that strategy, becaut it failed miserably.  its too late for the third strategy. How about now.

Edited November 29, 2021 by jg1

[jg1]

9 minutes ago, jg1 said:

Hmmmmm, whaat was that strategy, becaut it failed miserably.  its too late for the third strategy. How about now.

Hmmmm, the change in the exchange rate and the ban on health curfews helped to increase the poverty rate," . Ok, big bing bing. There's your answer! Instead of deceeasing the value, increase it. 

[horsesoldier]

Soylent Green 

[JonnyV]

Crazy movie but we are slowly getting there.  

[yota691]

Planning reveals a "different" strategy to combat poverty

•  Time: 11/29/2021 09:02:42
•  
•  Reading: 1,066 times

  

{Economic: Al Furat News} The Ministry of Planning intends to launch the third strategy to alleviate poverty for the years {2023 - 2027}, while stressing that this strategy will be complementary to the previous years.

The ministry launched the first strategy in 2010 to 2014, while the second continues for 2022. Through these strategies, the ministry aims to reduce poverty rates in the country to acceptable rates. 
Ministry spokesman Abdul-Zahra Al-Hindawi said, "This strategy differs from the previous one because it will take into account the economic transformations after the Corona pandemic," noting that it "will be complementary to the ministry's plans to target poor and fragile areas with programs and government support."
He added, "The ministry is currently working on preparing a strategy in coordination with other government agencies in an optimal manner."
According to official statistics, poverty rates increased during 2020, but returned to decline after the procedures for lifting the curfew and returning work and activities to their normal state.

[ronscarpa]

Hopefully there will be an increase in the purchasing power of the IQD - that should do it..!

[yota691]

Iraq reveals the fate of the application of the third anti-poverty strategy and specifications for importing cars

Iraq - graphic image

 December 02, 2021 09:13 PM

Mubasher: The Iraqi Ministry of Planning revealed, today, Thursday, the date for implementing the third anti-poverty strategy.

The ministry's spokesman, Abdul-Zahra Al-Hindawi, said in a statement to the Iraqi News Agency "INA", that the development of the third poverty strategy has not been completed, as it was recently launched and will be for the years 2024-2027.
 
He pointed out that the ministry is still working according to the previous strategy launched for the years 2018. 2022, which included a set of main outcomes in terms of supporting and empowering the poor in the areas of health, housing, education, income and food.

He added, that the next strategy is still in the initial preparation stage and will take into account the changes that Iraq witnessed after the outbreak of the Corona virus and the difficult conditions that it left behind on a large segment.

Regarding the car import file, Al-Hindawi confirmed that the ministry, as far as the matter of importing cars is concerned with it, through the Central Organization for Standardization and Quality Control, has started applying the Iraqi specification in terms of the safety and durability of cars.

And he indicated that this specification began to be applied comprehensively from 1 September for models of 2022 and above that are imported.

He pointed out, "Importing dealers are required to import cars according to these conditions, which include all the details of the cars."

He stressed that "preventing the import of cars is not related to the Ministry of Planning, but is related to other parties concerned with import."

[horsesoldier]

Anti-poverty strategies and specifications for importing cars. WHY didn’t WE think of that.

Truly the mind boggles at the spectacular intellect of the Iraqi business mind to come up with a one of a kind solution to this difficult f not unsolvable problem !!!

 

Let’s give the impoverished, cars. Yes my cynicism is a runaway today. These people aren’t any closer to solving the poverty problem any more so than the idiots during the LBJ Administration were with their 1 trillion $$$$$ war on poverty Bill.

 

Look at how successful it’s turned out. Everywhere U look poverty has been erased and everyone is living the American Dream !!!! Uh huh.

 

 

[new york kevin]

Hmmm, a Yugo in every driveway in Iraq ! Ta Da !

[horsesoldier]

20 minutes ago, new york kevin said:

Hmmm, a Yugo in every driveway in Iraq ! Ta Da !

[yota691]

Financial inclusion can tackle poverty

Tuesday 14 December 2021 160

 

 Baghdad: Hussein Thaghb

 

Professor Sadiq Al-Shammari stressed that reducing poverty rates in the country requires the adoption of financial inclusion standards that guarantee the delivery of financial services to all segments of society, and give flexibility to citizens in choosing services that take them to a new level, and thus families who live below the poverty line can be transferred. to a better stage.

Financial inclusion is a concept that aims to disseminate financial and banking products and services at reasonable costs to all members of society, especially the low-income segments. More aware of the risks and rewards associated with financial products and more aware of its rights and duties.

 

Financial Services

Al-Shammari pointed out that {through financial inclusion, a set of financial services must be provided, including bank accounts, savings, and multi-term loans, as well as other services represented in financial leasing, insurance, salaries and payments, and enhancing financial capacity}, noting that {this comes with the aim of improving the standard of living for poor families through Providing the necessary funding to create a sustainable income-generating project.

 

economic growth

The professor pointed out that {expanding participation in the formal financial system or achieving financial inclusion is not a goal in itself, but rather a means to an end, given its important developmental role in developing the financial capabilities of citizens, improving the standard of living, empowering women, promoting equal opportunities, and financing micro, small and medium enterprises. Reducing poverty, promoting equality, and thus achieving planned economic growth 

for him}.

 

Financial independence

Al-Shammari stressed that {financial inclusion contributes to empowering society as a whole and enhancing the financial independence of individuals, as well as supporting the banking sector and encouraging savings and financial independence, which has a very important role in reducing poverty, alleviating unemployment and reducing the degree of income inequality, as well as increasing economic growth, and providing housing. Suitable for every family.

 

work system

He continued that {Financial inclusion works to integrate financially marginalized groups or people with low financial income into society who cannot benefit from the services or products of the banking system, and benefit from the digital work system using the mobile, meaning completing all financial transactions in an electronic way and involving the largest segment of society. And products that also aim to achieve the highest levels of interest for poor families, as the products provide opportunities to obtain a loan for families with limited income, while encouraging the activation of deposits and encouraging the transfer of money hoarded in homes to the banking system and making it supportive of the process of activating the national economy.

It is noteworthy that the 192 member states of the United Nations, and no less than 23 international organizations had agreed to achieve the goals of financial inclusion by the year 2015 based on the United Nations Millennium Declaration, which was documented in September 2000, which obligates the member states of the United Nations The United Nations aims to combat poverty, hunger, disease, illiteracy and discrimination against women, and there are goals and indicators to measure progress towards achieving these goals. 

and goals.

[yota691]

A year of devaluing the dinar

Al-Kazemi's white paper costs the Iraqis a quarter of their monthly income, and liquidity is worthless in front of import

 

Posted 31 minutes ago

UTV - Baghdad

The government always justifies the decision to lower the price of the dinar against the US dollar, which has been around for a whole year, as saving the country from the risk of bankruptcy, but financial experts see the opposite.

Experts point out that what the exchange rate added to the state treasury did not exceed eight trillion dinars, which is close to the same number that the high oil price during the past months added to the state treasury.

Economic expert Abdul Rahman al-Mashhadani told UTV that "the talk that took place a year ago about the imminent bankruptcy of Iraq was exaggerated."

Al-Mashhadani added that "bankruptcy means Iraq's loss of more than 100 trillion dinars, and this did not happen, and we had gone through more difficult circumstances and the state did not go bankrupt," noting that "the reduction of the dinar left very negative effects on the Iraqi reality."

The readings of financial specialists indicate that the negatives of the decision were reflected in the value of the citizen’s income, as it decreased by 25 percent, while the latest statistics indicate that the poverty rate in Iraq has increased to more than 37 percent due to the Corona pandemic and the impact of the dollar exchange rate on imported goods.

Amir Ali, a resident of Baghdad, told UTV that "everything we have is imported in dollars, including fruits and vegetables, and raising the price of the dollar has increased the burden on the citizen."

Hamza Hussein, a trader from Baghdad, told UTV that "the reduction of the dinar forced us to earn a small amount on the commodity, not exceeding a hundred dinars, after it was 250 or 500 dinars."

According to the government's plan, the exchange rate will continue for five years, amid fears of economists that the government will resort to raising the price again in the coming period.

This coincides with the announcement by the Ministry of Planning that more than four million Iraqis live below the poverty line, and 25 million are on the poverty line, in a constantly updated statistic.

[yota691]

Planning reveals to Al-Furat News the latest rates of poverty and unemployment in Iraq

•  Time: 12/21/2021 16:15:55
•  
•  Reading: 260 times

  

{Economic: Al Furat News} The Ministry of Planning revealed the latest rates of poverty and unemployment in the country.

Ministry spokesman, Abdul-Zahra Al-Hindawi told {Euphrates News}: "There are no new results or statistics for the poverty and unemployment rate for the previous year, which ranged between 22.5% to 23%, while the unemployment rate was 14%."

And he indicated that "these percentages are available in the Ministry of Planning now, and we are waiting for the completion of surveys on poverty and unemployment in the next time to announce their results."

It is noteworthy that Iraq enjoys a lot of natural resources that can generate huge revenues for the country if they are used correctly, and make the Iraqi citizen the highest income in the world, but the Iraqi reality is different from that, where about 40% of the Iraqi population of more than 40 lives One million people are below the poverty line, according to a report by the World Bank in 2020.

[yota691]

New criteria for determining poverty in the country

Tuesday 18 January 2022 195

 

 Baghdad: Batoul Al-Hasani

 

The Ministries of Labor and Social Affairs and Planning set new criteria to determine who the poor are exactly and how to distribute resources to this segment, in order to truly target and not infringe on their rights.

Undersecretary of the Ministry of Labor, Abeer Chalabi, told Al-Sabah: "There is high coordination with the Ministry of Planning for the purpose of identifying the poor and addressing the problem of poverty and the categories covered by improving income by adopting new criteria to determine who the poor are."

Chalabi added that "the ministry continues on a daily basis to search and investigate poor and needy families, which include among their members the helpless, people with disabilities, and women in the poorest cities and regions, in order to include them in the services it provides and as permitted by law."