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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


    After reaching the danger stage.. The government moves to save the Iraqi economy and reduce the rise

    Rocky
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    After reaching the danger stage.. The government moves to save the Iraqi economy and reduce the rise Empty After reaching the danger stage.. The government moves to save the Iraqi economy and reduce the rise

    Post by Rocky Fri 13 Dec 2024, 4:14 am

    [size=35][size=35]After reaching the danger stage.. The government moves to save the Iraqi economy and reduce the rise in unemployment[/size]
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    economy

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    2024-12-13 | 03:35
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    [You must be registered and logged in to see this link.]News - Economist
    The economy witnessed[You must be registered and logged in to see this link.]Many changes are due to the influx of migrant workers, especially from Syria, Bangladesh, and Pakistan. While this labor is seen as contributing to filling[You must be registered and logged in to see this link.]Skilled in some sectors, but there are concerns about potential negative impacts on the local economy and labor market.


    The number of foreign residents is estimated at[You must be registered and logged in to see this link.]Hundreds of thousands, according to government reports.


     
    Although the Iraqi Ministry of Labor has granted official residency permits to more than 71,000 foreign workers, the actual numbers of unauthorized residents are much higher.
     
    There are several reasons for the influx of expatriate workers to[You must be registered and logged in to see this link.]Including political unrest in[You must be registered and logged in to see this link.]Where the war led to[You must be registered and logged in to see this link.]And fall[You must be registered and logged in to see this link.]The collapse of the currency has led to the displacement of millions of Syrians, who have found themselves in[You must be registered and logged in to see this link.]A close destination for work and stability, in addition to poverty and unemployment in South Asian countries, where Bangladesh and Pakistan suffer from high unemployment rates and low wages, which prompts their workers to search for job opportunities in countries such as Iraq, in addition to the demand of the labor market[You must be registered and logged in to see this link.]Such as construction and agriculture, which require unskilled or low-cost labor, which these nationalities provide.
     
    The relative stability witnessed by[You must be registered and logged in to see this link.]In recent years, one of the reasons for attracting foreigners to Mesopotamia, and there are other factors, such as the need of local markets for labor due to the poor training and qualification of the local labor force.
    Also, the large disparity in salaries between[You must be registered and logged in to see this link.]And labor exporting countries, such as[You must be registered and logged in to see this link.]Pakistan has played a major role in attracting foreigners to reside in it. According to a study published by the Center for Strategic Studies and International Research in 2022,[You must be registered and logged in to see this link.]It is a preferred destination for Syrian workers, especially with the economic crisis it is experiencing.[You must be registered and logged in to see this link.].
     
    Many of these workers enter[You must be registered and logged in to see this link.]As religious visitors during Shiite occasions, they then stay to work illegally.
     
    One of the most important sectors that depend on expatriate labor is construction, as expatriate labor works extensively on construction sites, due to their low wages compared to local labor. Agriculture, especially in rural areas, also faces a shortage of Iraqi labor, in addition to domestic services and restaurants, which have an increasing demand for expatriate labor in these sectors.
     
    However, these measures negatively affect the economy.[You must be registered and logged in to see this link.]Directly, including the rise in unemployment, as the entry of expatriate workers will make it difficult for Iraqis in some sectors to compete due to the low wages of expatriates and their willingness to work longer hours in difficult conditions, with the pressure on public services that came after the increase in the number of expatriates, in addition to the fact that expatriate workers often transfer a large part of their income to their countries of origin, which leads to the leakage of hard currency out of the Iraqi economy, and the increase in expatriate workers may also lead to a change in the demographic structure, with the resulting social and cultural challenges.
     
    A large segment of foreign residents suffer from difficulties related to lack of legal status, which makes them vulnerable to exploitation and abuse.
     
    They are also exposed to the risk of deportation, especially with the inspection campaigns launched by the Iraqi authorities.
     
    Human Rights Watch issued a report in June 2023 criticizing the Iraqi government’s security campaigns against Syrian workers, describing them as “arbitrary arrests.”
     
    The organization pointed to cases of deportation that included individuals holding official residence permits.
     
    According to a 2023 study by the Carnegie Endowment for International Peace, foreign workers face challenges including lack of legal rights, lack of health insurance, and long working hours, sometimes up to 16 hours a day.
     
    In contrast, the government has difficulty controlling the large numbers who enter the country illegally or circumvent residency laws, and is trying to control the status of foreign residents through initiatives aimed at regulating their presence.
     
    In November 2024, the Iraqi Ministry of Interior launched a campaign to settle the legal status of foreign residents, with applications available electronically to settle residency until the end of December.
     
    In addition, the Ministry of Labor seeks to reduce the percentage of foreign workers in companies to 30% to enhance job opportunities for Iraqis, according to a statement by the spokesman for the Ministry of Labor and Social Affairs, Najm Al-Aqabi, on November 16, especially with the presence of more than 1.6 million[You must be registered and logged in to see this link.]Unemployed according to the statistics of the Ministry of Planning.
     
    On the economic level, the transfer of money abroad by foreign workers constitutes an additional burden on the economy.[You must be registered and logged in to see this link.].
     
    The Prime Minister's economic advisor, Mazhar Muhammad Salih, estimated that these transfers amount to two billion dollars annually.
     
    Considering the adoption of[You must be registered and logged in to see this link.]Almost entirely dependent on oil revenues, the outflow of this money from the country exacerbates the economic diversification crisis it is suffering from.
     
    However, while some see Syrian, Bangladeshi and Pakistani labour as a solution to some of the problems of the Iraqi labour market, concerns about its impact on the local economy remain legitimate.
     
    It requires a balance between benefiting from this labor and organizing it in a way that preserves the rights of the worker.[You must be registered and logged in to see this link.]It ensures the stability of the market and the national economy.
    [You must be registered and logged in to see this link.]
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