World Bank confirms improved per capita income, but?

World Bank confirms improved per capita income, but?
Nabeel Haidari

15.07.2013


Perhaps the vocabulary of complaints and demands are more than what is contained in the media when talking about poverty in Iraq, a country that has achieved a steady increase in oil resources in recent years, the World Bank said in his latest report that Iraq moved to upper middle-income countries, based on estimates of gross national income per capita in 2012. This report comes at a time when the Government announces the figures are still worrying about the proportion of people living below the poverty line, the total number of Iraqis. Although economic growth single deformed In this respect stresses the beautiful name Economist Antoine to World Bank standards in calculating the average per capita income of Iraq relied on dividing the country to imports be population numbers more than 4,000 dollars a year, which puts Iraq in a slide States that growth, but a single distorted economic growth due to dependence on oil and boost other sectors such as agriculture, industry and tourism.
Iraq offered to upper middle-income countries several Finance Ministry expert Helal altaian good outcome of economic and monetary policies that increased oil imports, but the altaian admitted in an interview to radio free Iraq paradox around 19% of Iraqis under poverty line, according to government statistics

Said the planning Ministry spokesman Abdul Zahra Al-Hindawi said Iraq is steadily moving up to be 9 percent this year, and per capita income improved to exceed 4,000 dollars a year, while only $ 500 during the 1990s on the eve of the change of the former regime in 2003. Not money alone poverty disappears Despite his former Assistant Governor of the Central Bank, Wendy from optimism the recent World Bank report, indicators, however, warned of the seriousness of the failure to solve the problem of poverty and unemployment as the biggest enemy of the Iraqi community in the production of violence and terrorism, he said.

It seems that the solution is not to increase the financial resources of the country, but in maturity and wisdom that management planning proceeds and funds and their equitable distribution to actually make a difference in the lives of all segments of the population.
He is a member of the Committee on the economy and investment, Aziz Sharif, parliamentary in connection with radio free Iraq to the World Bank report about an improvement in the level of per capita income in a time replete with the provinces in the Centre and South of the categories suffer from the low standard of living and poverty.

The Sheriff believes that the sharing of economic and financial leadership positions based on quotas, led to the supremacy of people with experience and competence, suggesting foreign expertise for future planning as it did before the Gulf States that have developed their economies to advanced levels. Iraq kissed a promising future, if. Recent indicators confirm that Iraq from countries that enjoy a high average income level, several banking expert Mohammad Saleh appearance of good things, certain that the Iraq of tomorrow will be much better in Iraq today, despite the difficulties encountered, and that the future will be promising and prudent management of the various economic sectors and the development of banking and investment activity.

Despite such optimism, the language of the complaint claims never leaving a wide range of Iraqis, no confidence in international reports that say Iraq clear economic growth, and he moved to upper middle-income countries.

World Bank classifications are countries where per capita income is $ 999 or less, while the low per capita income in middle-income countries from 1036 to $ 4,085 dollars while upper middle income-which became Iraq including-average income of $ 12,620 USD 4086.
Participated in the preparation of this report, a reporter for radio free Iraq Baghdad Leila Ahmed.

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