Fears of population growth: economic crises occur
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The uncontrolled population growth in the country raises fears of economic crises, especially in light of the decline in treatments to absorb or invest these increases and thus develop the
various aspects of life in the country. So far, Iraq has not implemented a “real population census, and what exists is just estimates and guesses that may be close to reality, but they are nevertheless a cause for concern, as they indicate that the country’s population has exceeded the barrier of 40 million people.
” Economic analyst Majed Abdel-Hamid told Al-Sabah that in light of this population increase, the country needs other additional incomes, such as activating the sectors of tourism, digital trade, and industrial products, because they create new job opportunities.
And he stressed the danger of the continuation of this population increase in light of widespread unemployment, consumption and the constant need to find jobs, which pushes the country to great risks that may have economic and societal consequences, which necessitates the government to provide economic solutions and remedies to the phenomenon of high population growth.
And he continued, “Iraq depends entirely on monthly financial revenues from the sale of oil, most of which goes in the form of salaries for employees in the government sector and socially supported segments, with the absence of private sectors and the country’s weak economic capacity.”
Edited by: Najm Sheikh Dagher
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