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Economy News - Baghdad
Today, Tuesday, Prime Minister Muhammad Shiaa Al-Sudani revealed the allocation of $4 billion in 2023 to address poverty, pointing out that there are cash subsidies for school and college students and children of poor families to prevent the inheritance of poverty within the family.
Al-Sudani said during the press interview he conducted with The National newspaper, according to a statement from his media office received by Al-Iqtisad News: “We presented a vision for partnerships with countries in the region through the path of development, and it is the first time that a project has been presented that calls for the partnership of all.”
He added, "The development road project is the best, shortest in its path, and lowest in transportation costs among the projects proposed in the region, and achieves the purpose of trade between Asia and Europe."
He pointed out that "all political forces are talking today about providing services and developing the economy, after the talk was about sectarianism, ethnicity, and components."
The Prime Minister continued, “The Social Protection Law addresses multidimensional poverty, and $4 billion has been allocated in 2023 to address poverty, and there are cash subsidies for school and college students and children of poor families to prevent the inheritance of poverty within the family,” stressing that “the ration card is distributed in a specific manner to all citizens.” There is a better quality card distributed among those covered by the social protection network.”
He pointed out that “the treatments included in the three-year budget for poverty are sufficient to radically end poverty rates in Iraq within five years,” adding: “We have no alternative but to support the private sector, and no session of the Council of Ministers or the Ministerial Council for the Economy is without a decision in favor of this.” sector.”
He explained: “There is a war on corruption, and we have included the recovery of funds and wanted persons, within a systematic policy to combat corruption and reforms in tax, customs, and electronic payment, all of which establish an environment that attracts the private sector and facilitates its work.”
He stated that "the price of the dollar is related to the special reforms of the banking and financial sector, and the government has begun implementing the reforms, despite their social cost, and that exchange rate fluctuations are a battle between the state that wants to stabilize correct transactions, and a group that used to live on the dollar."
He noted that "goods enter illegal ports, and no taxes are paid, and this is money that goes to the parallel price."
He explained that "the political forces that form the government have confidence in the government's path and the implementation of its government program," noting that "the Baghdad conference will expand, based on requests from the United Kingdom, Germany, Spain, and Italy, to attend and participate."
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