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Published on Jan 29, 2015
World Bank Group said in a report that the growth of oil revenues and the economy in Iraq, coupled with declining violence for the period between 2007 and 2012 did not reduce poverty in the country.
They expected the bank group to increase citizens' situation worse, especially the most vulnerable in the current crisis .. more in the report Next ..
entitled government promises that have not achieved the oil and growth to reduce poverty, despite the five-year plan launched by the Iraqi government over the past ten years, but the reality of the situation reveals the government muddling through the development and activation of other non-oil sectors plans led to the government's failure to support its development through the past few years and do not benefit from high oil prices to support other sectors
and report recommended the World Bank Group to apply a series of priority policies in order to promote the welfare of the citizens, which constitutes the first in-depth analysis of economic and social development in Iraq since 2006-2007, a period marked by the recovery in the oil sector and high oil revenues increased significantly.
The report concluded since 2012 lived 20 per cent of Iraq's population below the poverty line, and a large proportion of the Iraqi people likely to fall into poverty. Although the country experienced high economic growth rate of 7 percent per year on average between 2008 and 2012, but the poverty rate has not decreased by only 4 percentage points in that period, and reaped the most affluent population ratio larger groups of gains.
The report points out that what Nearly half of Iraq's population hold a teaching less than the primary level and nearly one-third of children aged between zero and five years suffer stunted and more than 90 per cent of households in Baghdad, Central and South provinces get electricity for less than 8 hours per day; and one-third men and 90 per cent of women in the age group between 15-64 years are not working nor looking for work.
The aim of the report's recommendations to develop a more inclusive strategy can support the relationship between the citizen and the state to address the disadvantages and weaknesses of the various populations with the deficit correction in human capital The World Bank plays an active role in providing the Ministry of Planning and technical assistance through the development of long-strategies-term challenge of poverty and take into account the situations of internal displacement caused by the increase of poverty through capacity building and running the youth building and supporting infrastructure.
In the latest international report of the bank reflects the hard legacy of violence and fragility and institutional weaknesses in Iraq, who is facing enormous challenges in the long run may take a long time to overcome them because of the security situation gripping the country since 2003, the year 2012.
Report: Ahmed al-Abadi read / Nasser Al Hajri Hesham Mohamed
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