Iraq – Ministry of Planning: Ten million Iraqis below the poverty line

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Iraq has been classified as the richest country in the region because it has many resources of oil and gas and has very fertile lands, but despite this, there are statistics that show that the level of poverty in Iraq has risen remarkably, and according to the spokesman for the Ministry of Planning, Abdul Zahra Al-Hindawi, in 2020 The level of poverty in the country has reached more than 31%, and according to the statistics of the Ministry of Planning, the reasons for the increase in poverty are the result of a complex economic crisis after the global drop-in oil prices and the spread of the Corona pandemic, in addition, one of the reasons is that the government is raising the exchange rate of the dollar against the Iraqi dinar to reduce the financial budget deficit And secure employee salaries.

 

 

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