COVID-19 and Low Oil Prices Push Millions of Iraqis into Poverty The twin shocks of COVID-19 pandemic and the collapse of oil prices have caused significant economic challenges and pushed millions of Iraqis into poverty, according to the new issue of the World Bank's Iraq Economic Monitor. The new Fall 2020 edition of the Iraq […]
Addressing Iraq's fragility crucial to recovery from COVID-19 pandemic Failure to address Iraq's multi-faceted fragility could lead to an increase in extreme poverty across the country, according to a new report released today by the United Nations Development Programme (UNDP) in Iraq. Impact of the Oil Crisis and Covid-19 on Iraq's Fragility explores the major […]
Jeanine Hennis-Plasschaert briefed ambassadors on latest developments, including the appointment last week of new Prime Minister Mustafa al-Kadhimi, and the majority of his 22-member cabinet, following months of political infighting and stalemate. Although the pandemic has quieted months of corresponding protests, which saw Iraqis taking to the streets to call for an end to corruption, […]
From Middle East Monitor, under a Creative Commons licence. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Coronavirus to raise poverty rate in Iraq to over 20%, warns minister Iraq's poverty rate is expected to rise to more than 20 per cent as […]
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. The Iraqi Ministry of Planning announced the launch of the Social Fund for Development on Sept. 23, with initial capital of $300 million, in cooperation with the World Bank. The project […]
By John Lee. According to a report from BBC, Iraqi gangs are offering up to $10,000 for a kidney, and have been increasingly targeted the country's poor. Almost a quarter of the country’s population live in abject poverty, and some destitute families are actively seeking out organ traders. Firas al-Bayati, a human rights lawyer, said: […]
By Layth Mahdi, Agricultural Advisor. The opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Poverty and Unemployment Not Being Addressed in the Coming Iraqi Elections Iraq's poverty and unemployment is increasing every year despite the Government's efforts to implement programs to lower it. The United […]
By Amal Sakr for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq has been struggling with an increase in poverty rates for many years. While the Iraqi Ministry of Planning notes that the rate of poverty has recently decreased, reaching 11%, statistics released […]
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Mister, Can You Spare a Dinar? Life with the Beggar Mafia of Basra Some estimates suggest that almost a third of the residents in one of Iraq’s oil-richest cities […]
By John Lee. Iraq's human rights ministry has said that more than 18 percent of the Iraqi population is living below the poverty line. This amounts to 6.4 million people, mostly in rural areas. According to the report from Aswat al-Iraq, the ministry added that while Iraq is one of the richest countries in oil […]
By Layth Mahdi, Agricultural Advisor. The opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. On-farm demonstration trials are used to teach farmers to improve their agricultural practices and increase yield. It serves as one of the most valuable extension education program to help farmers to […]
Iraq's Minister for Planning and Development Cooperation, Ali Yusuf Al Shukri, has announced unemployment in Iraq of about 16%, with a poverty rate of about 11%, according to Alsumaria TV. “Poverty and unemployment rates are decreasing in Iraq after Iraqi GDP improved and investment in constructions and services projects increased,” Shukri told the news agency, stressing […]
