Iraq and the prospects of economic unknown .. how long ..?

Iraq and the prospects of economic unknown .. how long ..?



Nautical star
Monday 03/03/2014

According to a study put out by the Ministry of Planning , in coordination with the International Monetary Fund earlier and within the United Nations Program for Development show that 20-25 % of the population of Iraq have suffered poverty .. and up to three million Iraqi families live below the poverty line .. and determined the poverty line, according to the global standard of one dollar per person per day . American officials and cast the blame for the failure of efforts to reform the Iraqi economy, the spread of sectarian bloodshed and terror elements bloody .
He suggested one of the top leaders of the Marines by saying: in order to earn the United States Iraq politically and militarily must first rebuild the stability of the Iraqi economy also attributed the low standard of living in the new Iraq to the escalating unemployment, large and violence and reducing business opportunities in the public sector and sagging unemployment in the ministries and the marginalization of structures semi- shattered infrastructure since the fall of the former regime . Also, the loss of public services is one of the most serious disasters on the Iraqi people .
And the number who deserve social assistance by the government may lag due to injury growing number of people in need .
It has become the Iraqi economy in light of the current situation more vulnerable than ever, and up 60% since the fall of the regime in early 2003, and doubled the prices of foodstuffs and basic goods three times what it was before .. !
It also led to exploit the owners of houses and housing rents to rise unjustified and which is considered the most dangerous situation facing the Iraqi people this ..
According to previous observations of the Ministry of Planning a high index of consumer prices ( goods and services ) used to measure inflation limits of 70% .. reflecting soaring prices for poor security and the loss of Sergeant economic and breadth of financial corruption in the state apparatus growing . As the oil smuggling plays a prominent role in the atrophy of the structure of the national economy .
As the IMF has pointed without hesitation to the phenomenon of inflation in the economy is unjustified due to the fluctuation of prices and higher prices and rents . He pointed out that the Fund escalation of violence and terrorism and ill political stability leads to be Iraq's economy is stable for long periods of time ..

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