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Observers: Financial crisis threatens wide swath of poverty and unemployment
Observers believe that the current financial crisis in Iraq will lead in the near term to confuse the government's plans and programs of development, and would also lead to confuse the strategies developed by the forefront of the national strategy to combat poverty, as well as the five-year plan. The situation is compounded by poor continued low price of oil, which led to the reduction of the investment part of the general budget, which will lead to reduced employment opportunities in investment projects and the private sector. He Masood Haider member of the Finance Committee in the Iraqi Council of Representatives that the total grades in the budget in 2015 is only 55 408 degrees, and more than 25 000 degrees, including the Ministries of Defense and Interior, and the degrees of other health, education, education, and intelligence, and the Supreme Judicial Council, and political prisoners.
Iraq has suffered from significant unemployment among young people, especially graduates of both sexes of them, prompting a large number of them to practice acts unrelated to testify.
Young Jaafar Mustafa, a graduate of the College of Business and Economics, says some of his colleagues are working taxi drivers and others working in the field of cleaning.
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