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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

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    Loans to reduce unemployment in Iraq opens new doors for corruption

    Rocky
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    Loans to reduce unemployment in Iraq opens new doors for corruption Empty Loans to reduce unemployment in Iraq opens new doors for corruption

    Post by Rocky Sun 07 Jul 2013, 4:31 am

    Loans to reduce unemployment in Iraq opens new doors for corruption

    07-07-2013 11:23 AM

    Orbit news -

    Seeks the Iraqi government in what is known five-year plan II, to reduce unemployment, especially among young people, through the expansion of the mechanisms of granting loans agricultural, industrial and professional, but they followed the procedures described by experts as a new port of administrative corruption and financial and wasting huge amounts of money are not exploited within the target.

    The Ministry of Labour and Social Affairs yesterday campaign began receiving requests for the unemployed to give them soft loans ranged between five and 20 million dinars (between four and 18 thousand dollars), but put controls would deprive a large number of young people who have benefited from the programs of previous support mostly through international organizations Outerwear.

    Showed last official report of the Representative of the Secretary-General of the United Nations for human rights in Iraq wk, that «the unemployment rate in Iraq exceeded 28 percent, while a quarter of the population of extreme poverty», adding that «Iraq suffers from several challenges include the lack of structural reforms, and the weakness of private sector development, corruption, high rates of underemployment and unemployment and poverty. He pointed out that «the sectarian violence in 2006 severely affected the government's ability to provide services and repair foundation of socio-economic infrastructure.

    They pointed to the Department of Labor that the priority of acceptance forms will depend on the primacy of registration of the unemployed, and participation in training courses, scientific and collected. The family will receive one chance to borrow will depend mainly ration card to identify the family, but at least the age of a student loan for 18 years and not more than 45.

    She expert academic at the University of Baghdad Maha Abbas in a statement to «life», that «the conditions set for the granting of loans is very complex, which will reduce the rates of the beneficiaries, and that the ministry stipulated that lack of access to the former, is not entitled to those who have benefited from any program lending (government or international) to obtain a loan from the Fund.

    She added: It is not permissible also for students who complete their studies to apply for a loan, with the exception of ongoing study evening, does not grant loans to unemployed married women from working, registered in the database, if her husband had a steady income.

    It pointed out that «revive what is known as small industries need the support of senior government, and the government began to provide support through the ports, inter alia, agricultural and industrial, commercial and craftsman, but most of the loans is not used for its primary objectives, so the application is made ​​to build the project but exploits for the construction or renovation of a building or to buy car ».

    The economic expert Mahdi Hussein that «the unemployment rate is very huge, especially that 45 thousand young men and women graduate annually from the Iraqi colleges and institutes to join the queues of the unemployed. The «only about 1.5 million registered users in the regulations of the unemployed in the Ministry of Labour and Social Affairs, but there are in this category approximately six million out of 33 million, young people constitute 75 per cent of them.

    She described the Ministry of Planning and Development Cooperation of Iraq UN figures b «exaggerated, they are counted only 16 percent Kmadlat unemployment», while noting an earlier report of the United Nations «low rate of private sector jobs from 25 percent in 2003 to 17 percent in 2012» . He explained that «private and public sectors in Iraq is Mhaoan to create 45 thousand jobs for applicants to the labor market every year», referring to «low number of women to about 17 percent of the workforce, which is low compared with most neighboring countries»

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