Baghdad / Iraq News Network - Member of the Finance Committee, Mahasin Hamdoun, commented today, Thursday, on the expectations of the Special Representative of the United Nations Secretary-General in Iraq, Jenin Blashardt, on the contraction of the Iraqi economy by 9.7% and the high poverty rate to 40%. Journalist, “The survival of the situation regarding the lack of state resources due to the crisis of the collapse of oil prices will increase the proportion of poverty naturally, but new economic measures can be taken by activating industry, agriculture and trade, and things can improve.” Hamadoun added, “Prime Minister Mustafa Al-Kazemi promised By controlling border entry points electronically, This will augur well, because revenues can double to 7 trillion of them. ”A member of the Finance Committee in Parliament confirmed that“ the situation in Iraq will not reach the stage of needing a miracle and overcoming the crisis, because solutions exist with the intentions of reform. ” "The expectations of the Iraqi economy to shrink by 9.7% and for the poverty rate to rise to 40%. I mentioned Balsakharat during her briefing at the United Nations Security Council," he said, "it is expected to shrink." The Iraqi economy increased by 9.7 per cent in 2020, with poverty rates rising to about 40 per cent, and large losses in employment income are expected, as well as a decrease in economic opportunities. She added: “Iraq was encouraged to build a healthy environment conducive to broad-based growth. Distributed fairly and creating job opportunities, with the help of the bank The Special Representative of the Secretary-General of the United Nations in Iraq confirmed that “the current economic situation has once again exposed Iraq’s weakness due to the severe shortage of economic diversification, and the monthly oil revenue for Iraq has decreased from 6 to 1.4 billion USD between February and April. ”