May 24 2018 01:15 PM
[rtl]A report issued by the International Monetary Fund that the rate of youth unemployment in Iraq is more than 40%, while Qatar ranked first in the least unemployment.
"Youth unemployment is high by international standards in many countries in the Middle East, North Africa, Afghanistan and Pakistan," the IMF said in its report.
The report added that "the rate of youth unemployment in the oil country Iraq is more than 40%, while the rate of women outside the workforce is close to 85%," noting that "Qatar ranked first in the least unemployment and less than 5%."
The report noted that "the highest rate of unemployment for young people is in the State of Oman and at a rate of more than 50%, preceded by Libya at a rate of 48%."
The report stressed the need for countries to distribute the fruits of prosperity to all in order to reduce the rate of unemployment, pointing out that "some countries are encouraging the reduction of unemployment as the United Arab Emirates through important investments for education and innovation, and Iran has developed programs to create jobs for young people and women" .
It is noteworthy that the Ministry of Planning expected, in August 2015, the high rate of poverty in Iraq to 30% because of the security situation in some Iraqi provinces.[/rtl]
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