A bleak fate awaits the youth...a quarter of a million graduates annually in Iraq and the 2024 budge

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[size=52]A bleak fate awaits the youth...a quarter of a million graduates annually in Iraq and the 2024 budget without job degrees[/size]

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04/01/2024
Hundreds of thousands of students graduate from universities and institutes annually and enter the labor market, according to the Iraqi Ministry of Planning, at a time when the unemployment rate is rising to record 16.5 throughout Iraq, according to a previous survey by the Ministry, and the 2024 budget is devoid of job grades, so these graduates will face in addition to... Those who preceded them and other unemployed Egyptians had a bleak situation in light of the disruption of the private sector to employ them in it.[/size]
[size=45]The unemployment rate varies between men and women in Iraq, as it is twice as high for women as it is for men: for men it is 12 to 13%, while for women it exceeds 20%. Unemployment is also higher in the countryside than in the cities, according to the spokesman for the Ministry of Planning, Abdul Zahra Al-Hindawi.[/size]
[size=45]Regarding the government’s employment policy, Al-Hindawi explains during his speech, “The government can no longer employ more in state institutions, so the current trend is towards developing the private sector, which requires a set of procedures, legislation, regulations and laws that regulate its work, and the Social Security Law was recently issued, which would contribute In developing the private sector and ensuring the rights of its workers.”[/size]
[size=45]He confirms, “The Ministry of Planning is currently working to activate the role of the Private Sector Development Council, which will be headed by the Prime Minister and include in its membership representatives of all economic activities under the banner of the private sector. Therefore, the Council will have a good space for the process of drawing up development policy and in the process of implementing this policy in Iraq.”[/size]
[size=45]Iraq is witnessing a continuous increase in the number of graduates, which leads to high unemployment rates among them, which makes it difficult to obtain a job opportunity, as is the case with graduate Mujtaba Muhammad from Baghdad, who believes that “appointment is a guarantee for the educated person and a reward for the effort he made after studying that lasted 16 years.” “.[/size]
[size=45]Muhammad added to the agency that “cancelling appointments in the 2024 budget is an incorrect measure, which may force graduates to resort to freelance work far from the specialty they studied.”[/size]
[size=45]There are more than four million government employees in Iraq in state departments and institutions, but the number of those receiving salaries from the government is more than nine million, including retirees, martyrs, social welfare, missing persons, and political prisoners.[/size]
[size=45]The economic researcher, Omar Al-Halbousi, attributes the absence of job grades in the 2024 budget to “the inflation in the number of employees in the government sector until there was disguised unemployment that burdened the budget with large salaries, especially after the parties used job grades as electoral propaganda, which harmed the budget and made it a salary budget in “We continued to increase operating spending and reduce investment spending.”[/size]
[size=45]Al-Halbousi confirms in an interview, “Successive governments since 2003 had to stimulate the private sector and develop investment in industrial and agricultural fields to accommodate the numbers of graduates and young people in the private sector and reduce the state’s burden, but regional interventions, led by Iran, Turkey and others, disrupted the renaissance in all sectors so that Iraq remains.” A market to sell its goods and develop its economies at the expense of destroying the Iraqi economy, and this is due to the absence of Iraqi sovereignty in decision-making and planning.”[/size]
[size=45]The economic researcher explains, “The continued destruction of what remains of the industrial and agricultural sector and the disruption of investment and the private sector has negative repercussions on Iraq economically, financially, politically, socially, and even security-wise, as unemployed youth will be an easy tool for terrorist groups, militias, drug dealers, and organized crime gangs to seize, even if We tracked the numbers of drug users and found that the number was increasing and of both sexes, as well as the number of organized crime increasing terrifyingly and carried out by both sexes. This is a reflection of the unemployment that is striking the country and the disruption of all vital sectors, which has led to the destruction of the economy and society and the absence of all development opportunities in light of the confusion and lack of vision. “Economic.”[/size]
[size=45]He asserts, “The solution lies in stimulating industrial and agricultural investment capable of providing thousands of job opportunities, absorbing young people, and achieving an economic renaissance that will revitalize the Iraqi treasury and reduce the burden on the state, and that every plan that does not include this is a step towards loss and economic collapse.”[/size]
[size=45]The Iraqi government had raised the total amount of the budget law from 199 trillion dinars to 228 trillion dinars in the 2024 budget, while the Minister of Planning, Muhammad Tamim, announced that the 2024 budget deficit had risen to 80 trillion dinars after it was 63 trillion.[/size]
[size=45]In this context, the economic expert, Diaa Al-Mohsen, says, “There is some truth to the talk about the budget deficit and the resulting suspension of appointments, but it is not the whole truth. It is true that there is no financial allocation for new appointments, but the appointments of those with advanced degrees are not linked to the budget.” Because the 31,000 grades have an allocation within the effective Food Security Law.”[/size]
[size=45]Al-Mohsen added to the agency, “As for the planned deficit in the state’s general budget for last year, the instructions for implementing the budget were not implemented until four months before last year, and therefore the planned deficit has disappeared and has no effect, and oil prices are in Global markets witnessed a significant increase that exceeded the price specified in the budget, which means that the 2023 budget has a surplus, and this surplus is rolled over to the year 2024, given that the budget is tripartite in which projects that were not fully completed are recycled, in addition to the financial surplus achieved from the rise in oil prices. In global markets.”[/size]
[size=45]It is noteworthy that the draft budget law for 2023 amounts to 197 trillion and 828 billion dinars (about 152.2 billion dollars), with a total deficit amounting to 63 trillion dinars (48.3 billion dollars). The budget was also built on an oil price of 70 dollars per barrel and expectations of exporting 3.5 million barrels of oil per day. , including 400 thousand barrels per day from the Kurdistan Region.[/size]
[size=45]In June 2023, the House of Representatives approved the financial budget for the years 2023, 2024, and 2025 after a difficult struggle and a series of parliamentary sessions. This budget was considered the largest in the country’s history, with a value of about 153 billion dollars for each year.[/size]
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