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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    The number of “billionaires” in Iraq is equivalent to that in 9 countries. A quarter of its populati

    Rocky
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    The number of “billionaires” in Iraq is equivalent to that in 9 countries. A quarter of its populati Empty The number of “billionaires” in Iraq is equivalent to that in 9 countries. A quarter of its populati

    Post by Rocky Sat Oct 14, 2023 6:16 am

    The number of “billionaires” in Iraq is equivalent to that in 9 countries. A quarter of its population is below the poverty line, and a third of its youth are “unemployed.”
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    Baghdad today - Baghdad 
    Noticeable economic disparity in the country. Luxury for some and the burden of living on the shoulders of others, and the dreams of ambitious youth disappear under “unemployment” and billions here and dinars there, amid government attempts to eradicate poverty, through “social care” or “soft loans,” while reports indicate that “billionaires  ” In Iraq, it is equivalent to that of 9 countries combined. 
    Economic affairs expert Nabil Al-Marsoumi explained today, Saturday (October 14, 2023), that "a quarter of Iraq's population lives below the poverty line, and a third of its youth suffer from unemployment." 
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    In numbers: Iraq's wealthy people
    The economic expert quoted statistics from a French studies center regarding economic disparity in Iraq, in which he stated that “36 billionaires, each of whom has a wealth of more than a billion dollars, in addition to 16,000 millionaires, each of whom has a wealth of more than a million dollars,” according to a blog post followed by “Baghdad Al-Youm.”
    While "the number of billionaires in Iraq is equivalent to the number of the following countries combined: the Emirates, Kuwait, Lebanon, Hungary, Romania, Portugal, the Netherlands, Denmark, and Nigeria," Al-Marsoumi said. 
    Iraq and poverty levels 
    On (July 21, 2023), the Minister of Labor and Social Affairs, Ahmed Al-Asadi, confirmed that the measures taken by the government raised Iraq’s level by 20 levels in the international poverty hierarchy, according to the United Nations.
    In press statements, Al-Asadi revealed, “The loan fund of 400 billion dinars has been approved for this year within the 2023 budget, as we will work to ensure that these loans are for real projects to employ tens of thousands of unemployed people.” 
    He stressed that through these steps, "Iraq rose 20 places in terms of poverty levels according to the latest United Nations report, where Iraq was ranked 86 and has now reached 66, and we will continue our work until Iraq reaches advanced stages."
    The poverty rate in Iraq ranges between 22-25%, and Al-Muthanna Governorate (southwest) leads the poorest governorates with a rate of 52%, followed by Al-Diwaniyah and Dhi Qar governorates in the south with a rate of 49%, according to statistics from the Ministry of Planning. 
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