Economist: Poverty is much higher than what the planning declares, and exceeds this percentage

by **claud39** Tue Apr 20, 2021 1:28 pm

04/20/2021

{Baghdad: Al Furat News} Economic expert Abdul Rahman Al-Mashhadani confirmed, today, Tuesday, that the poverty rate in the country exceeded 35% after raising the exchange rate of the US dollar against the Iraqi dinar.

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Al-Mashhadani told Al-Furat News that "the statistics of the Ministry of Planning regarding poverty rates are all unofficial," pointing out that "the poverty rate after the rise in the exchange rate of the dollar is much higher than that announced by the Ministry of Planning, as it reaches more than 35%." .

The economist added, "Inflation indicators, compared to the current situation, are inaccurate, as they are measured on previous years," adding that: "Inflation is supposed to be measured at the end of last year or the beginning of this year."

Al-Mashhadani pointed out that "the situation is moving towards the unknown, and the government lacks solutions and infrastructure, in addition to the importer's market conquest and lack of national product, and this in turn has led to scarcity of job opportunities and increased poverty."

Two days ago, a spokesman for the Ministry of Planning, Abdul Zahra Al-Hindawi, said in an interview with the Euphrates News Agency that "poverty indicators recorded an increase from 25% to 27% as initial indicators."
On March 16, the Ministry of Planning announced that the poverty rate in the country had decreased to 25 percent of the total population, after it was 31.7 percent in 2020.
The
ministry's spokesman at the time stated that it was during "the first phase of the emergence of the Corona pandemic in the first half of the year." In 2020, the poverty rate increased to 31.7%. However, it retreated thanks to the procedures for lifting the curfew and returning work and activities to normal conditions, which led to a decline in the percentage to 25%.
He explained that "the number of poor people in Iraq is less than 10 million people."

The population of Iraq is 40 million and 150 thousand people, according to the latest statistics issued by the Ministry of Planning in early 2021.

Hussein Hatem

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